Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › BETA Technologies
BETA Technologies 401(k)
- BETA NYSE
- Manufacturing
- South Burlington, VT
- EIN 83-1276474
- 1 plan with Schedule H financials
- Plan year 2024
- BETA Technologies, Inc.
- filed as Beta Technologies, Inc.
Administrative expenses excluding investment management, per participant · Beta Technologies 401(k) Plan · plan year 2024
$235.03
Higher than 79% of the 24,371 plans $10 to 50M that report it.
Source
= $89,783 / 382
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250703132241NAL0000363619001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703132241NAL0000363619001, received 2025-07-03
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-03.
Cost and contributions
Administrative expenses per participant
$235.03
Higher than 59% of the 25,098 plans $10 to 50M that report it.
Source
= $89,783 / 382
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703132241NAL0000363619001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703132241NAL0000363619001, received 2025-07-03
Administrative expenses as a share of assets
0.443%
Higher than 75% of the 25,132 plans $10 to 50M that report it.
Source
= $89,783 / $20,245,547
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703132241NAL0000363619001, received 2025-07-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250703132241NAL0000363619001, received 2025-07-03
Employer contributions per participant
$0
Higher than 0% of the 24,050 plans $10 to 50M that report it.
Source
= $98 / 382
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703132241NAL0000363619001, received 2025-07-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703132241NAL0000363619001, received 2025-07-03
Employer share of total contributions
0.0%
Higher than 0% of the 24,084 plans $10 to 50M that report it.
Source
= $98 / $6,991,395
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703132241NAL0000363619001, received 2025-07-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250703132241NAL0000363619001, received 2025-07-03
Plan terms, as stated in BETA Technologies, Inc.'s SEC filings
Plan terms are described in BETA Technologies, Inc.'s SEC filings: Form 10-K filed 2026-03-09. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250703132241NAL0000363619001, received 2025-07-03
Full record, Beta Technologies 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BETA TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Plan name | BETA TECHNOLOGIES 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Sponsor EIN / plan number | 83-1276474 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Sponsor location | SOUTH BURLINGTON, VT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Industry (business code) | 334500, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Filing received | 2025-07-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Participants, beginning of year | 557 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Active participants | 733 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Participants, end of year | 760 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Participants with an account balance | 382 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total assets, beginning of year | $11,722,046 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total assets, end of year | $20,245,547 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Net assets, end of year | $20,245,547 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total income | $9,469,162 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Net income | $8,523,501 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Employer contributions | $98 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Participant contributions | $4,306,779 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Other contributions (incl. rollovers) | $2,684,518 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total contributions | $6,991,395 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Benefit payments | $852,168 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total expenses (incl. benefit payments) | $945,661 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Total administrative expenses | $89,783 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Contract administrator fees | $74,640 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Administrative expenses excluding investment management | $89,783 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250703132241NAL0000363619001, received 2025-07-03 |
| Independent auditor | MCSOLEY MCCOY & COMPANY | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250703132241NAL0000363619001, received 2025-07-03 |
Position = column in the DOL layout for form year 2024. Filing 20250703132241NAL0000363619001, received 2025-07-03.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management | $74,640 | yes |
| PLAN INTEGRITY PARTNERS, LLC | NONE | 10 Accounting (including auditing) | $14,527 | yes |
| SETAWAY | NONE | 10 Accounting (including auditing) | $600 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250703132241NAL0000363619001, received 2025-07-03.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $11,722,046 | $20,245,547 | 72.7% |
| Participants with a balance | 275 | 382 | 38.9% |
| Administrative expenses | $43,442 | $89,783 | 106.7% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $0 | $98 |
Prior filing 20240710124618NAL0014894225004, received 2024-07-10; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: BETA TECHNOLOGIES, INC.; SEC registrant: BETA Technologies, Inc. (CIK 1784570, matched by EIN; display name from the Form 10-K cover).