Sac Finance, Inc. 401(K) Plan — Form 5500 plan (Sac Finance, 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, Sac Finance, Inc. 401(K) Plan is a benefit plan reported by Sac Finance, Inc. under EIN 35-1968714 and plan number 001. The latest loaded filing year is 2023. The filing reports 308 participants and $7,777,687 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.8MPlan net assets, end of year$7,777,687
Participants308Covered participants reported
Assets / participant$25.3KComputed: assets ÷ participants$25,252 (computed)
Provider compensation$56.3K2 Schedule C provider row(s)$56,318
Plan sponsor
Sac Finance, Inc.
EIN
35-1968714
Plan number
001
Plan type
2
Location
Fort Wayne, IN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    308 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.8M total assets
Net assets$7.8MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$699.4K
Benefits paid / distributions$670.3K
Contributions
Employer$75K
Participant$510.8K
Full reported line items

Net assets

Total assets (EOY)
$7,777,687
Total liabilities (EOY)
$0
Net assets (EOY)
$7,777,687
Net assets (BOY)
$6,812,515

Income & contributions

Employer contributions
$75,000
Participant contributions
$510,836
Total contributions
$646,242
Total income / additions
$1,664,614

Expenses & distributions

Benefits paid
$670,319
Administrative expenses
$29,123
Total expenses
$699,442
Net increase / (decrease)
$965,172
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    NONE · Direct $35.3K
  2. 2
    NONE · Direct $21K

Related Form 5500 pages