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, Storage Asset Management, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Storage Asset Management, LLC under EIN 27-2449301 and plan number 001. The latest loaded filing year is 2023. The filing reports 709 participants and $5,659,179 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,659,179
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,659,179
- Net assets (BOY)
- $4,115,284
Income & contributions
- Employer contributions
- $591,996
- Participant contributions
- $823,998
- Total contributions
- $1,595,307
- Total income / additions
- $2,407,329
Expenses & distributions
- Benefits paid
- $806,270
- Administrative expenses
- $57,164
- Total expenses
- $863,434
- Net increase / (decrease)
- $1,543,895