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, Southport Engineered Systems 401(K) Plan is a benefit plan reported by Southport Eng Sys LLC Dba Southport Htg, Plbg & Geothermal under EIN 20-0349155 and plan number 001. The latest loaded filing year is 2023. The filing reports 235 participants and $4,708,028 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,708,028
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,708,028
- Net assets (BOY)
- $3,955,161
Income & contributions
- Participant contributions
- $625,214
- Total contributions
- $625,214
- Total income / additions
- $1,361,978
Expenses & distributions
- Benefits paid
- $578,780
- Administrative expenses
- $30,331
- Total expenses
- $609,111
- Net increase / (decrease)
- $752,867