2023 Form 5500 filing — J M Smith Corporation Profit Sharing And 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 20241210090058NAL0006258659001) for J M Smith Corporation Profit Sharing And 401(K) Plan, reported by J M Smith Corporation under EIN 57-0276334 and plan number 001. It reports 908 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241210090058NAL0006258659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- J M Smith Corporation
- EIN
- 57-0276334
- Plan number
- 001
- Location
- Spartanburg, SC
- Participants
- 908
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $99,686,491
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $99,686,491
- Employer contributions
- $511,744
- Participant contributions
- $1,637,746
- Total income / additions
- $17,166,254
- Benefits paid
- $13,411,877
- Administrative expenses
- -$65,468
- Total expenses
- $13,346,409
- Net increase / (decrease)
- $3,819,845
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nfp Advisory Fee | CONSULTANT | $55,000 | not reported in the loaded dataset |
| Ameriprise (Amy Garrison) | OTHER FEES | $16,032 | not reported in the loaded dataset |
| Swaim Brown Audit | AUDITORS | $13,500 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$150,000 | $0 |