Safeguard Operations 401(K) Plan — Form 5500 plan (Safeguard Operations, 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, Safeguard Operations 401(K) Plan is a benefit plan reported by Safeguard Operations, LLC under EIN 52-2288756 and plan number 001. The latest loaded filing year is 2023. The filing reports 268 participants and $10,543,453 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.5MPlan net assets, end of year$10,543,453
Participants268Covered participants reported
Assets / participant$39.3KComputed: assets ÷ participants$39,341 (computed)
Provider compensation$80.7K3 Schedule C provider row(s)$80,708
- Plan sponsor
- Safeguard Operations, LLC
- EIN
- 52-2288756
- Plan number
- 001
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 268 | H, C | 20241014081454NAL0045284032001 |
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)$10.5M total assets
Net assets$10.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,543,453
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,543,453
- Net assets (BOY)
- $9,218,657
Income & contributions
- Employer contributions
- $352,560
- Participant contributions
- $835,330
- Total contributions
- $1,250,267
- Total income / additions
- $2,543,544
Expenses & distributions
- Benefits paid
- $1,172,193
- Administrative expenses
- $46,555
- Total expenses
- $1,218,748
- Net increase / (decrease)
- $1,324,796
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.
30%70%
Employer 30%Participant 70%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $42,387 | $0 | 2023 |
| Broadstreet Capital Advisors, LLC | INVESTMENT ADVISORY | $0 | $30,466 | 2023 |
| Erisa Services, Inc. | CONTRACT ADMINISTRATOR | $4,168 | $3,687 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Safeguard Operations, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Principal Life Insurance Company — Schedule C compensation
- Broadstreet Capital Advisors, LLC — Schedule C compensation
- Erisa Services, Inc. — Schedule C compensation