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, Smc3 401(K) Plan is a benefit plan reported by Southern Motor Carriers Association, Inc. under EIN 58-0439170 and plan number 002. The latest loaded filing year is 2023. The filing reports 194 participants and $25,343,199 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,343,199
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,343,199
- Net assets (BOY)
- $19,257,380
Income & contributions
- Employer contributions
- $1,268,721
- Participant contributions
- $1,785,809
- Total contributions
- $3,185,884
- Total income / additions
- $7,067,310
Expenses & distributions
- Benefits paid
- $977,614
- Administrative expenses
- $3,877
- Total expenses
- $981,491
- Net increase / (decrease)
- $6,085,819