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, Sherwood Design Engineers 401(K) Profit Sharing Plan is a benefit plan reported by Sherwood Design Engineers, Ltd under EIN 20-1602119 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $6,392,680 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,392,680
- Net assets (EOY)
- $6,392,680
- Net assets (BOY)
- $5,015,859
Income & contributions
- Participant contributions
- $684,701
- Total contributions
- $786,137
- Total income / additions
- $1,715,990
Expenses & distributions
- Benefits paid
- $335,991
- Administrative expenses
- $3,178
- Total expenses
- $339,169
- Net increase / (decrease)
- $1,376,821