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, South Atlantic Services, Inc. 401(K) Plan is a benefit plan reported by South Atlantic Services, Inc. under EIN 56-0956028 and plan number 003. The latest loaded filing year is 2023. The filing reports 328 participants and $15,050,345 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,050,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,050,345
- Net assets (BOY)
- $12,979,233
Income & contributions
- Employer contributions
- $533,948
- Participant contributions
- $993,127
- Total contributions
- $1,527,075
- Total income / additions
- $3,621,559
Expenses & distributions
- Benefits paid
- $1,495,845
- Administrative expenses
- $49,392
- Total expenses
- $1,550,447
- Net increase / (decrease)
- $2,071,112