2023 Form 5500 filing — Summers-Taylor, Inc 401(K) Retirement 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 20241015091319NAL0029100193001) for Summers-Taylor, Inc 401(K) Retirement Plan, reported by Summers-Taylor, Inc under EIN 62-0458729 and plan number 001. It reports 647 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015091319NAL0029100193001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Summers-Taylor, Inc
- EIN
- 62-0458729
- Plan number
- 001
- Location
- Johnson City, TN
- Participants
- 647
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,104,703
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,104,703
- Employer contributions
- $313,902
- Participant contributions
- $1,154,557
- Total income / additions
- $3,427,606
- Benefits paid
- $2,735,102
- Administrative expenses
- $8,141
- Total expenses
- $2,709,935
- Net increase / (decrease)
- $717,671
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| James Richardson Lpl Financial LLC | SERVICE PROVIDER | $0 | $26,190 |
| Qualified Plan Administrators Inc | SERVICE PROVIDER | $9,662 | $6,547 |