401(K) Plan For The Employees Of Sorinex Exercise Equipment, Inc. — Form 5500 plan (Sorinex Exercise Equipment, 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, 401(K) Plan For The Employees Of Sorinex Exercise Equipment, Inc. is a benefit plan reported by Sorinex Exercise Equipment, Inc. under EIN 57-1031278 and plan number 334. The latest loaded filing year is 2023. The filing reports 176 participants and $1,532,026 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sorinex Exercise Equipment, Inc.
EIN
57-1031278
Plan number
334
Plan type
2
Location
Lexington, SC
Latest filing year
2023
Participants
176
End-of-year plan assets
$1,532,026

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023176H, C20241015194401NAL0029520977001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,532,026
Total liabilities (EOY)
$0
Net assets (EOY)
$1,532,026
Net assets (BOY)
$1,076,467

Income & contributions

Employer contributions
$87,047
Participant contributions
$250,180
Total contributions
$337,227
Total income / additions
$579,716

Expenses & distributions

Benefits paid
$113,907
Administrative expenses
$9,402
Total expenses
$124,157
Net increase / (decrease)
$455,559

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$9,402$02023

Related Form 5500 pages