Plan5500

Southminster Retirement Plan — Form 5500 plan (Southminster, 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, Southminster Retirement Plan is a benefit plan reported by Southminster, Inc. under EIN 56-1443222 and plan number 002. The latest loaded filing year is 2023. The filing reports 624 participants and $11,775,490 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Southminster, Inc.
EIN
56-1443222
Plan number
002
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
624
End-of-year plan assets
$11,775,490

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023624H, C20240725125157NAL0008227411001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,775,490
Total liabilities (EOY)
$0
Net assets (EOY)
$11,775,490
Net assets (BOY)
$10,295,766

Income & contributions

Employer contributions
$466,937
Participant contributions
$706,673
Total contributions
$1,190,470
Total income / additions
$2,764,661

Expenses & distributions

Benefits paid
$1,215,113
Administrative expenses
$69,824
Total expenses
$1,284,937
Net increase / (decrease)
$1,479,724

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$69,872$02023
Kestra Investment Services LLCINVESTMENT ADVISORY$0$28,1922023
Maxus Plan Solutions, Inc.CONTRACT ADMINISTRATOR$0$5,5042023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages