Balta US, Inc.401(k)
BALTA US, INC. 401(K) PLAN · ROME, GA · plan year 2023
Balta US, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $979,548 across 66 participant accounts, with employer contributions averaging $1,262 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (2,042nd of 2,160), and 4,145th of 4,246 in wholesale trade. In 2023, employees put in $3.67 for every $1.00 the employer contributed.
Balta US, Inc.'s 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 260008775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.