2023 Form 5500 filing — Safeguard Operations 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 20241014081454NAL0045284032001) for Safeguard Operations 401(K) Plan, reported by Safeguard Operations, LLC under EIN 52-2288756 and plan number 001. It reports 268 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$10.5MReported net assets$10,543,453
Participants268
Provider compensation$80.7K3 Schedule C row(s)$80,708
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014081454NAL0045284032001
- Plan sponsor
- Safeguard Operations, LLC
- EIN
- 52-2288756
- Plan number
- 001
- Location
- Atlanta, GA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$10.5M total assets
Net assets$10.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $10,543,453
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,543,453
- Employer contributions
- $352,560
- Participant contributions
- $835,330
- Total income / additions
- $2,543,544
- Benefits paid
- $1,172,193
- Administrative expenses
- $46,555
- Total expenses
- $1,218,748
- Net increase / (decrease)
- $1,324,796
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $42,387 | $0 |
| Broadstreet Capital Advisors, LLC | INVESTMENT ADVISORY | $0 | $30,466 |
| Erisa Services, Inc. | CONTRACT ADMINISTRATOR | $4,168 | $3,687 |