2023 Form 5500 filing — Sweetwater 401(K) And Profit Sharing 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 20241008154536NAL0017910737001) for Sweetwater 401(K) And Profit Sharing Plan, reported by Sweetwater Sound, LLC under EIN 35-2023299 and plan number 001. It reports 2,663 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008154536NAL0017910737001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sweetwater Sound, LLC
- EIN
- 35-2023299
- Plan number
- 001
- Location
- Fort Wayne, IN
- Participants
- 2,663
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $84,321,683
- Total liabilities (EOY)
- $38,164
- Net assets (EOY)
- $84,283,519
- Employer contributions
- $3,488,227
- Participant contributions
- $9,827,005
- Total income / additions
- $27,734,927
- Benefits paid
- $7,212,058
- Administrative expenses
- $240,986
- Total expenses
- $7,560,522
- Net increase / (decrease)
- $20,174,405
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $159,512 | $0 |
| Merrill Lynch, Pierce, Fenner & Sm | INVESTMENT ADVISOR | $64,000 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $17,474 | not reported in the loaded dataset |