Sambatek, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Sambatek, LLC)

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, Sambatek, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Sambatek, LLC under EIN 26-4801863 and plan number 001. The latest loaded filing year is 2023. The filing reports 181 participants and $10,917,758 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sambatek, LLC
EIN
26-4801863
Plan number
001
Plan type
2
Location
Minnetonka, MN
Latest filing year
2023
Participants
181
End-of-year plan assets
$10,917,758

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023181H, C20240927080902NAL0003656594001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,917,758
Total liabilities (EOY)
$0
Net assets (EOY)
$10,917,758
Net assets (BOY)
$9,106,357

Income & contributions

Employer contributions
$186,262
Participant contributions
$1,086,224
Total contributions
$1,474,537
Total income / additions
$3,194,906

Expenses & distributions

Benefits paid
$1,329,039
Administrative expenses
$54,466
Total expenses
$1,383,505
Net increase / (decrease)
$1,811,401

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bergankdv Wealth Management LLCADVISOR$23,878not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$21,815$02023
Rogers And King, Cpa LLCACCOUNTANT/AUDITOR$8,773not reported in the loaded dataset2023

Related Form 5500 pages