2023 Form 5500 filing — Sbe2 401k 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 20241015080304NAL0014221363001) for Sbe2 401k Plan, reported by Sbe2, LLC under EIN 81-4844239 and plan number 001. It reports 467 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015080304NAL0014221363001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sbe2, LLC
- EIN
- 81-4844239
- Plan number
- 001
- Location
- Morgan City, LA
- Participants
- 467
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,825,801
- Total liabilities (EOY)
- $1,256
- Net assets (EOY)
- $7,824,545
- Employer contributions
- $98,884
- Participant contributions
- $427,845
- Total income / additions
- $1,637,688
- Benefits paid
- $1,004,576
- Administrative expenses
- $62,010
- Total expenses
- $1,081,445
- Net increase / (decrease)
- $556,243
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $58,353 | $0 |
| Orenda Retirement LLC | CONTRACT ADMINISTRATOR | $5,665 | $8,778 |
| New York Life Securities | OTHER SERVICES | $0 | $12,310 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |