Smart Source 401(K) & Profit Sharing Plan — Form 5500 plan (Smart Source, 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, Smart Source 401(K) & Profit Sharing Plan is a benefit plan reported by Smart Source, LLC under EIN 54-2104343 and plan number 001. The latest loaded filing year is 2023. The filing reports 290 participants and $11,103,213 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Smart Source, LLC
- EIN
- 54-2104343
- Plan number
- 001
- Plan type
- 2
- Location
- Suwanee, GA
- Latest filing year
- 2023
- Participants
- 290
- End-of-year plan assets
- $11,103,213
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 290 | H, C | 20250430094539NAL0002519008001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,103,213
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,103,213
- Net assets (BOY)
- $8,620,443
Income & contributions
- Employer contributions
- $180,662
- Participant contributions
- $1,412,877
- Total contributions
- $1,716,466
- Total income / additions
- $3,135,965
Expenses & distributions
- Benefits paid
- $578,525
- Administrative expenses
- $51,002
- Total expenses
- $653,195
- Net increase / (decrease)
- $2,482,770
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $27,635 | $0 | 2023 |
| Wells Fargo Advisors Fin Network | INVESTMENT ADVISORY | $23,367 | $3 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Smart Source, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Suwanee, GA
- Principal Life Insurance Company — Schedule C compensation
- Wells Fargo Advisors Fin Network — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation