THE BREWING-SCIENCE INSTITUTE, INC. has sponsored the creation of one or more 401k plans.
Additional information about THE BREWING-SCIENCE INSTITUTE, INC.
Submission information for form 5500 for 401k plan THE BREWING-SCIENCE INSTITUTE, INC. EMPLOYEE STOCK OWNERSHIP PLAN
401k plan membership statisitcs for THE BREWING-SCIENCE INSTITUTE, INC. EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023: THE BREWING-SCIENCE INSTITUTE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 38 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 37 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 4 |
| Total of all active and inactive participants | 2023-01-01 | 41 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 41 |
| Number of participants with account balances | 2023-01-01 | 35 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 4 |
| Measure | Date | Value |
|---|
| 2023 : THE BREWING-SCIENCE INSTITUTE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Transfers to/from the plan | 2023-12-31 | $0 |
| Total plan liabilities at end of year | 2023-12-31 | $2,973,696 |
| Total plan liabilities at beginning of year | 2023-12-31 | $0 |
| Total income from all sources | 2023-12-31 | $-2,783,696 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $60,000 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $0 |
| Total plan assets at end of year | 2023-12-31 | $230,000 |
| Total plan assets at beginning of year | 2023-12-31 | $100,000 |
| Value of fidelity bond covering the plan | 2023-12-31 | $100,000 |
| Total contributions received or receivable from participants | 2023-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $60,000 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $0 |
| Other income received | 2023-12-31 | $-2,870,000 |
| Noncash contributions received | 2023-12-31 | $0 |
| Net income (gross income less expenses) | 2023-12-31 | $-2,843,696 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $-2,743,696 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $100,000 |
| Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2023-12-31 | $0 |
| Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2023-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2023-12-31 | $0 |
| Assets. Value of employer securities | 2023-12-31 | $230,000 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $86,304 |
| Value of certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $0 |
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