2023 Form 5500 filing — Superior Optical Labs, Inc. 401(K) 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 20241011121127NAL0044251730001) for Superior Optical Labs, Inc. 401(K) Plan, reported by Superior Optical Labs, Inc. under EIN 64-0807765 and plan number 001. It reports 202 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011121127NAL0044251730001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Superior Optical Labs, Inc.
- EIN
- 64-0807765
- Plan number
- 001
- Location
- Ocean Springs, MS
- Participants
- 202
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,218,314
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,218,314
- Employer contributions
- $253,680
- Participant contributions
- $369,133
- Total income / additions
- $990,341
- Benefits paid
- $216,857
- Administrative expenses
- $31,611
- Total expenses
- $257,564
- Net increase / (decrease)
- $732,777
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $17,156 | $0 |
| The Aimpoint Group, LLC | THIRD PARTY ADMINISTRATO | $0 | $7,197 |
| Element Wealth LLC | SERVICE PROVIDER | $0 | $5,374 |