2023 Form 5500 filing — Smith Industrial Service, Inc. 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 20241015162319NAL0048884464001) for Smith Industrial Service, Inc. 401(K) Plan, reported by Smith Industrial Service, Inc. under EIN 27-2045976 and plan number 001. It reports 312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015162319NAL0048884464001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Smith Industrial Service, Inc.
- EIN
- 27-2045976
- Plan number
- 001
- Location
- Mobile, AL
- Participants
- 312
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,044,748
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,044,748
- Employer contributions
- $431,214
- Participant contributions
- $730,378
- Total income / additions
- $2,480,966
- Benefits paid
- $568,643
- Administrative expenses
- $49,540
- Total expenses
- $618,183
- Net increase / (decrease)
- $1,862,783
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mitchell Mcleod Pugh & Williams | ADVISOR | $25,831 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $21,770 | $0 |