2023 Form 5500 filing — S2 Yachts, Inc. Employee Benefit 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 20241008152055NAL0009830627004) for S2 Yachts, Inc. Employee Benefit Plan, reported by Tiara Yachts, Inc. under EIN 38-2040714 and plan number 501. It reports 538 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008152055NAL0009830627004
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tiara Yachts, Inc.
- EIN
- 38-2040714
- Plan number
- 501
- Location
- Holland, MI
- Participants
- 538
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $101,117
- Net assets (EOY)
- $101,117
- Employer contributions
- $3,985,000
- Participant contributions
- $1,176,761
- Total income / additions
- $5,161,761
- Benefits paid
- $4,647,945
- Administrative expenses
- $414,599
- Total expenses
- $5,062,544
- Net increase / (decrease)
- $99,217
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Priority Health | BENEFIT ADMINISTRATOR | $339,452 | not reported in the loaded dataset |
| Delta Dental Of Michigan | BENEFIT ADMINISTRATOR | $24,395 | not reported in the loaded dataset |
| Health Plan Advocate | INSURANCE ADVOCATE | $21,609 | not reported in the loaded dataset |
| Hungerford Cpas + Advisors | AUDITOR | $14,750 | not reported in the loaded dataset |
| Careoperative, LLC | PARTICIPANT GUIDANCE | $10,091 | not reported in the loaded dataset |