2023 Form 5500 filing — 401(K) Plan For The Employees Of Sorinex Exercise Equipment, Inc.
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 20241015194401NAL0029520977001) for 401(K) Plan For The Employees Of Sorinex Exercise Equipment, Inc., reported by Sorinex Exercise Equipment, Inc. under EIN 57-1031278 and plan number 334. It reports 176 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015194401NAL0029520977001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sorinex Exercise Equipment, Inc.
- EIN
- 57-1031278
- Plan number
- 334
- Location
- Lexington, SC
- Participants
- 176
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,532,026
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,532,026
- Employer contributions
- $87,047
- Participant contributions
- $250,180
- Total income / additions
- $579,716
- Benefits paid
- $113,907
- Administrative expenses
- $9,402
- Total expenses
- $124,157
- Net increase / (decrease)
- $455,559
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $9,402 | $0 |