401(k)
2022 plan-year 401(k) DOL Form 5500

Best Promotions USA 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Best Promotions, LLC · Texas · Professional & Technical Services

What the 2023 filing shows

Best Promotions USA 401(k) Plan holds $246K for 113 participants — about $2,173 per participant, down 15.2% over the 2022 plan year.

$246K
total plan assets (2022 EOY)
113
covered participants
$2,173
avg assets per participant
-15.2%
assets change YoY

The plan reported a net loss of $44K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$246K
Participants
113
State
Industry
Professional & Technical Services

What the Filing Says About Best Promotions USA 401(k) Plan

Best Promotions USA 401(k) Plan is a 401(k) retirement plan sponsored by Best Promotions, LLC, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $246K in total end-of-year assets and covers 113 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 823320408, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $290K at the beginning of 2022 to $246K at year-end — a decline of 15.2%. Net assets (after liabilities) closed the year at $246K, with reported net income of $-44,105 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$290K
Total Assets (End of Year)$246K
Net Assets (End of Year)$246K
Net Income$-44,105
Plan Type401(k)
Employer EIN823320408
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Best Promotions USA 401(k) Plan?
As of the 2022 Form 5500 filing, Best Promotions USA 401(k) Plan holds $246K in total assets with 113 participants. It is sponsored by Best Promotions, LLC.
What type of plan is Best Promotions USA 401(k) Plan?
Best Promotions USA 401(k) Plan is a 401(k) plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 823320408.
Who sponsors the Best Promotions USA 401(k) Plan?
Best Promotions USA 401(k) Plan is sponsored by Best Promotions, LLC, located in Texas. The sponsor's EIN is 823320408 and the plan operates in the Professional & Technical Services industry.
How did Best Promotions USA 401(k) Plan perform in 2022?
Best Promotions USA 401(k) Plan declined by 15.2% during 2022, moving from $290K to $246K in total assets. Net income was $-44,105.
Where can I find official filings for Best Promotions USA 401(k) Plan?
Official Form 5500 filings for Best Promotions USA 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 823320408 or plan name at efast.dol.gov.
How does Best Promotions USA 401(k) Plan compare to other plans?
You can compare Best Promotions USA 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 823320408.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.