2023 Form 5500 filing — Safe Future 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 20241015063114NAL0027719601001) for Safe Future 401(K) Plan, reported by Safe Boats International, LLC under EIN 91-1737896 and plan number 001. It reports 289 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015063114NAL0027719601001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Safe Boats International, LLC
- EIN
- 91-1737896
- Plan number
- 001
- Location
- Bremerton, WA
- Participants
- 289
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,519,702
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,519,702
- Participant contributions
- $1,005,379
- Total income / additions
- $2,899,127
- Benefits paid
- $1,530,281
- Administrative expenses
- $49,137
- Total expenses
- $1,583,135
- Net increase / (decrease)
- $1,315,992
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wayne Hummer Investments, LLC | INVESTMENT/FINANCIAL ADVI | $40,927 | $0 |
| Adp, Inc. | RECORD KEEPER | $8,208 | $0 |