Sabin Metal Corporation 401(K) Savings Plan — Form 5500 plan (Sabin Metal Corporation)
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, Sabin Metal Corporation 401(K) Savings Plan is a benefit plan reported by Sabin Metal Corporation under EIN 11-1736129 and plan number 003. The latest loaded filing year is 2023. The filing reports 520 participants and $32,783,633 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sabin Metal Corporation
- EIN
- 11-1736129
- Plan number
- 003
- Plan type
- 2
- Location
- East Hampton, NY
- Latest filing year
- 2023
- Participants
- 520
- End-of-year plan assets
- $32,783,633
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 520 | H, C | 20250227160205NAL0002362705001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,783,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,783,633
- Net assets (BOY)
- $27,287,789
Income & contributions
- Employer contributions
- $1,317,063
- Participant contributions
- $1,098,679
- Total contributions
- $2,415,742
- Total income / additions
- $7,537,556
Expenses & distributions
- Benefits paid
- $1,914,403
- Administrative expenses
- $115,813
- Total expenses
- $2,041,712
- Net increase / (decrease)
- $5,495,844
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $65,813 | $0 | 2023 |
| Procyon Advisors, LLC | INVESTMENT/FINANCIAL ADVI | $50,000 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |