2023 Form 5500 filing — Structural Concepts Corporation 401(K) Retirement Savings Plan
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 20240816120011NAL0007995587001) for Structural Concepts Corporation 401(K) Retirement Savings Plan, reported by Structural Concepts Corporation under EIN 38-2151875 and plan number 002. It reports 679 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240816120011NAL0007995587001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Structural Concepts Corporation
- EIN
- 38-2151875
- Plan number
- 002
- Location
- Muskegon, MI
- Participants
- 679
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,580,409
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,580,409
- Employer contributions
- $703,671
- Participant contributions
- $2,317,130
- Total income / additions
- $8,315,013
- Benefits paid
- $4,643,926
- Administrative expenses
- $133,727
- Total expenses
- $4,777,653
- Net increase / (decrease)
- $3,537,360
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $133,727 | $0 |
| Principal Securities Inc | INVESTMENT ADVISORY | $0 | $33,664 |
| Next Financial Group Inc | INVESTMENT ADVISORY | $0 | $11,607 |
| Beene Garter | ACCOUNTANT | $0 | $11,000 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |