2023 Form 5500 filing — Sea Island 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 20250430155608NAL0001424131001) for Sea Island 401(K) Savings Plan, reported by Sea Island Company, LLC under EIN 27-3164607 and plan number 001. It reports 2,200 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250430155608NAL0001424131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sea Island Company, LLC
- EIN
- 27-3164607
- Plan number
- 001
- Location
- Sea Island, GA
- Participants
- 2,200
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,960,533
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,960,533
- Employer contributions
- $952,364
- Participant contributions
- $2,753,507
- Total income / additions
- $8,865,970
- Benefits paid
- $2,944,248
- Administrative expenses
- $115,014
- Total expenses
- $3,059,262
- Net increase / (decrease)
- $5,806,708
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwartz & Co | INVESTMENT ADVISOR | $51,503 | not reported in the loaded dataset |
| Nationwide | RECORDKEEPING | $48,694 | $0 |
| Bryan Cave Leighton Paisner | ERISA COUNSEL | $8,816 | not reported in the loaded dataset |
| Moore Stephens Tiller | AUDITOR | $6,000 | not reported in the loaded dataset |