2023 Form 5500 filing — Sabin Metal Corporation 401(K) Savings 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 20250227160205NAL0002362705001) for Sabin Metal Corporation 401(K) Savings Plan, reported by Sabin Metal Corporation under EIN 11-1736129 and plan number 003. It reports 520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250227160205NAL0002362705001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sabin Metal Corporation
- EIN
- 11-1736129
- Plan number
- 003
- Location
- East Hampton, NY
- Participants
- 520
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,783,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,783,633
- Employer contributions
- $1,317,063
- Participant contributions
- $1,098,679
- Total income / additions
- $7,537,556
- Benefits paid
- $1,914,403
- Administrative expenses
- $115,813
- Total expenses
- $2,041,712
- Net increase / (decrease)
- $5,495,844
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $65,813 | $0 |
| Procyon Advisors, LLC | INVESTMENT/FINANCIAL ADVI | $50,000 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |