401(k)
2023 plan-year 401(k) DOL Form 5500

Bene Hospitality Group 401(k) Plan

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

Sponsored by Bene Management Group, LLC · South Carolina · Food Services & Accommodation

What the 2023 filing shows

Bene Hospitality Group 401(k) Plan holds $94K for 130 participants — about $725 per participant, down 36.6% over the 2023 plan year.

$94K
total plan assets (2023 EOY)
130
covered participants
$725
avg assets per participant
-36.6%
assets change YoY

The plan reported a net loss of $54K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$94K
Participants
130
Industry
Food Services & Accommodation

What the Filing Says About Bene Hospitality Group 401(k) Plan

Bene Hospitality Group 401(k) Plan is a 401(k) retirement plan sponsored by Bene Management Group, LLC, headquartered in South Carolina. As of the 2023 Form 5500 filing, the plan reports $94K in total end-of-year assets and covers 130 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 883580344, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $149K at the beginning of 2023 to $94K at year-end — a decline of 36.6%. Net assets (after liabilities) closed the year at $94K, with reported net income of $-54,371 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)$149K
Total Assets (End of Year)$94K
Net Assets (End of Year)$94K
Net Income$-54,371
Plan Type401(k)
Employer EIN883580344
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Bene Hospitality Group 401(k) Plan?
As of the 2023 Form 5500 filing, Bene Hospitality Group 401(k) Plan holds $94K in total assets with 130 participants. It is sponsored by Bene Management Group, LLC.
What type of plan is Bene Hospitality Group 401(k) Plan?
Bene Hospitality Group 401(k) Plan is a 401(k) plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 883580344.
Who sponsors the Bene Hospitality Group 401(k) Plan?
Bene Hospitality Group 401(k) Plan is sponsored by Bene Management Group, LLC, located in South Carolina. The sponsor's EIN is 883580344 and the plan operates in the Food Services & Accommodation industry.
How did Bene Hospitality Group 401(k) Plan perform in 2023?
Bene Hospitality Group 401(k) Plan declined by 36.6% during 2023, moving from $149K to $94K in total assets. Net income was $-54,371.
Where can I find official filings for Bene Hospitality Group 401(k) Plan?
Official Form 5500 filings for Bene Hospitality Group 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 883580344 or plan name at efast.dol.gov.
How does Bene Hospitality Group 401(k) Plan compare to other plans?
You can compare Bene Hospitality Group 401(k) Plan against other 401(k) plans on the plan type page, or view plans in South Carolina 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 883580344.

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.