Security Lock Distributors, Inc. 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Security Lock Distributors, Inc.)

Plain-English plan 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, Security Lock Distributors, Inc. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Security Lock Distributors, Inc. under EIN 04-2456930 and plan number 001. The latest loaded filing year is 2023. The filing reports 287 participants and $32,175,098 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Security Lock Distributors, Inc.
EIN
04-2456930
Plan number
001
Plan type
2
Location
Westwood, MA
Latest filing year
2023
Participants
287
End-of-year plan assets
$32,175,098

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023287H, C20241014194158NAL0028173985001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$32,175,098
Total liabilities (EOY)
$8,323
Net assets (EOY)
$32,166,775
Net assets (BOY)
$27,157,668

Income & contributions

Employer contributions
$1,562,815
Participant contributions
$616,095
Total contributions
$2,178,910
Total income / additions
$6,330,196

Expenses & distributions

Benefits paid
$1,247,754
Administrative expenses
$73,335
Total expenses
$1,321,089
Net increase / (decrease)
$5,009,107

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sentinel Pension AdvisorsN/A$54,493not reported in the loaded dataset2023
Sentinel Benefits Group, Inc.N/A$11,161not reported in the loaded dataset2023
Charles Schwab Trust BankN/A$7,681not reported in the loaded dataset2023

Related Form 5500 pages