2023 Form 5500 filing — Sportsman Boats Manufacturing, 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 20250113123141NAL0018444225001) for Sportsman Boats Manufacturing, Inc. 401(K) Plan, reported by Sportsman Boats Manufacturing, Inc. under EIN 80-0754630 and plan number 001. It reports 526 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250113123141NAL0018444225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sportsman Boats Manufacturing, Inc.
- EIN
- 80-0754630
- Plan number
- 001
- Location
- Summerville, SC
- Participants
- 526
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,016,687
- Total liabilities (EOY)
- $1,161
- Net assets (EOY)
- $6,015,526
- Employer contributions
- $506,863
- Participant contributions
- $1,163,751
- Total income / additions
- $2,785,566
- Benefits paid
- $759,846
- Administrative expenses
- $54,224
- Total expenses
- $814,070
- Net increase / (decrease)
- $1,971,496
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $26,896 | $0 |
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $17,812 | $0 |
| Qualifed Plan Administrators Inc. | CONTRACT ADMIN | $6,570 | $4,678 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,851 | $0 |