2023 Form 5500 filing — Sail Energy 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 20241014160954NAL0015266275005) for Sail Energy 401(K) Plan, reported by Sail Energy, LLC under EIN 46-1045056 and plan number 002. It reports 189 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014160954NAL0015266275005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sail Energy, LLC
- EIN
- 46-1045056
- Plan number
- 002
- Location
- Portsmouth, NH
- Participants
- 189
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,280,723
- Net assets (EOY)
- $6,280,723
- Employer contributions
- $178,832
- Participant contributions
- $649,427
- Total income / additions
- $2,059,613
- Benefits paid
- $446,640
- Administrative expenses
- $65,227
- Total expenses
- $511,867
- Net increase / (decrease)
- $1,547,746
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $61,816 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $25,917 |
| Nbt Bank, N.A. | CONTRACT ADMI NISTRATOR | $3,423 | $2,501 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |