Saexploration 401(K) Plan — Form 5500 plan (Saexploration 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, Saexploration 401(K) Plan is a benefit plan reported by Saexploration Inc. under EIN 45-2959022 and plan number 001. The latest loaded filing year is 2023. The filing reports 125 participants and $4,011,269 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Saexploration Inc.
- EIN
- 45-2959022
- Plan number
- 001
- Plan type
- 2
- Location
- Stafford, TX
- Latest filing year
- 2023
- Participants
- 125
- End-of-year plan assets
- $4,011,269
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 125 | H, C | 20241011152835NAL0011126227001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,011,269
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,011,269
- Net assets (BOY)
- $3,166,320
Income & contributions
- Employer contributions
- $5,581
- Participant contributions
- $420,356
- Total contributions
- $425,937
- Total income / additions
- $978,815
Expenses & distributions
- Benefits paid
- $103,273
- Administrative expenses
- $30,393
- Total expenses
- $133,866
- Net increase / (decrease)
- $844,949
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $19,967 | $0 | 2023 |
| Strategic Benefits Advisors, Inc. | INVESTMENT ADVISOR | $10,260 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $166 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Saexploration Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Stafford, TX
- Empower Annuity Insurance Company — Schedule C compensation
- Strategic Benefits Advisors, Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation