2023 Form 5500 filing — Sames Motor Company, Inc. Salary Deferral 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 20241014152514NAL0045085504001) for Sames Motor Company, Inc. Salary Deferral 401(K) Profit Sharing Plan, reported by Sames Motor Company, Inc. under EIN 74-1493789 and plan number 001. It reports 711 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014152514NAL0045085504001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sames Motor Company, Inc.
- EIN
- 74-1493789
- Plan number
- 001
- Location
- Laredo, TX
- Participants
- 711
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,182,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,182,939
- Employer contributions
- $593,381
- Participant contributions
- $2,279,526
- Total income / additions
- $4,954,119
- Benefits paid
- $1,175,091
- Administrative expenses
- $84,781
- Total expenses
- $1,259,872
- Net increase / (decrease)
- $3,694,247
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Onedigital Investment Advisors | NONE | $0 | $26,485 |
| Stancorp Financial Group | NONE | $6,190 | not reported in the loaded dataset |