Saargummi Tn, Inc 401k Profit Sharing Plan — Form 5500 plan (Saargummi Tn, 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, Saargummi Tn, Inc 401k Profit Sharing Plan is a benefit plan reported by Saargummi Tn, Inc under EIN 26-1565856 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $4,673,930 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Saargummi Tn, Inc
EIN
26-1565856
Plan number
001
Plan type
2
Location
Pulaski, TN
Latest filing year
2023
Participants
250
End-of-year plan assets
$4,673,930

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023250H, C20240828143538NAL0012246017001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,673,930
Total liabilities (EOY)
$0
Net assets (EOY)
$4,673,930
Net assets (BOY)
$4,010,454

Income & contributions

Employer contributions
$235,806
Participant contributions
$308,349
Total contributions
$566,063
Total income / additions
$1,174,583

Expenses & distributions

Benefits paid
$488,642
Administrative expenses
$22,465
Total expenses
$511,107
Net increase / (decrease)
$663,476

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$22,505$02023
Kestra Advisory Services, LLCINVESTMENT ADVISORY$0$16,7962023

Related Form 5500 pages