2023 Form 5500 filing — Southern Diversified Distributors, Inc. 401k

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240801104047NAL0022823377001) for Southern Diversified Distributors, Inc. 401k, reported by Southern Diversified Distributors, Inc. under EIN 56-2394188 and plan number 002. It reports 363 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18MReported net assets$17,989,270

Participants363

Provider compensation$72.4K2 Schedule C row(s)$72,363

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240801104047NAL0022823377001
Plan sponsor: Southern Diversified Distributors, Inc.
EIN: 56-2394188
Plan number: 002
Location: Charleston, SC
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$18M total assets

Net assets$18MLiabilities$0

Money in vs. money out

Total income / additions$4.4M

Total expenses$1.1M

Benefits paid / distributions$998.2K

Contributions

Employer$435.7K

Participant$1.3M

Full reported line items

Total assets (EOY): $17,989,270
Total liabilities (EOY): $0
Net assets (EOY): $17,989,270
Employer contributions: $435,674
Participant contributions: $1,250,664
Total income / additions: $4,372,778
Benefits paid: $998,213
Administrative expenses: $72,363
Total expenses: $1,070,576
Net increase / (decrease): $3,302,202

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
The Vanguard Group, Inc.$40.8K
NONE · Direct $40.8K · Indirect $0
2
Region'S Bank$31.5K
NONE · Direct $31.5K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240801104047NAL0022823377001 cover?: It is the 2023 Form 5500 filing for Southern Diversified Distributors, Inc. 401k, reported by Southern Diversified Distributors, Inc. (EIN 56-2394188).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).