Southern Diversified Distributors, Inc. 401k — Form 5500 plan (Southern Diversified Distributors, 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, Southern Diversified Distributors, Inc. 401k is a benefit plan reported by Southern Diversified Distributors, Inc. under EIN 56-2394188 and plan number 002. The latest loaded filing year is 2023. The filing reports 363 participants and $17,989,270 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Southern Diversified Distributors, Inc.
EIN
56-2394188
Plan number
002
Plan type
2
Location
Charleston, SC
Latest filing year
2023
Participants
363
End-of-year plan assets
$17,989,270

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023363H, C20240801104047NAL0022823377001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,989,270
Total liabilities (EOY)
$0
Net assets (EOY)
$17,989,270
Net assets (BOY)
$14,687,068

Income & contributions

Employer contributions
$435,674
Participant contributions
$1,250,664
Total contributions
$1,688,451
Total income / additions
$4,372,778

Expenses & distributions

Benefits paid
$998,213
Administrative expenses
$72,363
Total expenses
$1,070,576
Net increase / (decrease)
$3,302,202

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$40,824$02023
Region'S BankNONE$31,539not reported in the loaded dataset2023

Related Form 5500 pages