Saber Power Services, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Saber Power Services, 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, Saber Power Services, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Saber Power Services, LLC under EIN 27-2783614 and plan number 001. The latest loaded filing year is 2023. The filing reports 540 participants and $30,924,059 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Saber Power Services, LLC
EIN
27-2783614
Plan number
001
Plan type
2
Location
Rosharon, TX
Latest filing year
2023
Participants
540
End-of-year plan assets
$30,924,059

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023540H, C20260113070750NAL0020251170001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,924,059
Total liabilities (EOY)
$0
Net assets (EOY)
$30,924,059
Net assets (BOY)
$21,836,317

Income & contributions

Employer contributions
$1,427,919
Participant contributions
$4,405,631
Total contributions
$6,580,735
Total income / additions
$10,941,665

Expenses & distributions

Benefits paid
$1,711,828
Administrative expenses
$118,115
Total expenses
$1,853,923
Net increase / (decrease)
$9,087,742

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$66,948$02023
Raymond James Financial ServicesADVISOR$51,167not reported in the loaded dataset2023

Related Form 5500 pages