2023 Form 5500 filing — Sellars Absorbent Materials 401(K) 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 20241010144418NAL0034499168001) for Sellars Absorbent Materials 401(K) Profit Sharing Plan, reported by Sellars Absorbent Materials, Inc. under EIN 39-1518030 and plan number 001. It reports 260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241010144418NAL0034499168001
Filing year
2023
Form type
2
Plan sponsor
Sellars Absorbent Materials, Inc.
EIN
39-1518030
Plan number
001
Location
Milwaukee, WI
Participants
260
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$20,235,693
Total liabilities (EOY)
$11,950
Net assets (EOY)
$20,223,743
Employer contributions
$657,408
Participant contributions
$1,315,745
Total income / additions
$4,809,408
Benefits paid
$1,133,495
Administrative expenses
$102,374
Total expenses
$1,244,307
Net increase / (decrease)
$3,565,101
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Stancrop Financial GroupNONE$54,752not reported in the loaded dataset
Independent Financial PartnersNONE$47,446not reported in the loaded dataset
Charles SchwabNONE$0$5,287

Related Form 5500 pages