Plan5500

Skc, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Skc, 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, Skc, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Skc, Inc. under EIN 58-2248516 and plan number 001. The latest loaded filing year is 2023. The filing reports 327 participants and $31,957,858 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Skc, Inc.
EIN
58-2248516
Plan number
001
Plan type
2
Location
Covington, GA
Latest filing year
2023
Participants
327
End-of-year plan assets
$31,957,858

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023327H, C20241014131835NAL0014988899001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,957,858
Total liabilities (EOY)
$0
Net assets (EOY)
$31,957,858
Net assets (BOY)
$29,698,224

Income & contributions

Employer contributions
$650,750
Participant contributions
$1,018,581
Total contributions
$1,669,331
Total income / additions
$6,147,328

Expenses & distributions

Benefits paid
$3,867,786
Administrative expenses
$19,600
Total expenses
$3,887,694
Net increase / (decrease)
$2,259,634

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$19,600$02023

Related Form 5500 pages