Southeastern 401(K) Plan — Form 5500 plan (Southeastern Construction & Maintenance, 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, Southeastern 401(K) Plan is a benefit plan reported by Southeastern Construction & Maintenance, Inc. under EIN 59-1381065 and plan number 002. The latest loaded filing year is 2023. The filing reports 248 participants and $7,603,887 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.6MPlan net assets, end of year$7,603,887
Participants248Covered participants reported
Assets / participant$30.7KComputed: assets ÷ participants$30,661 (computed)
Provider compensation$42.6K2 Schedule C provider row(s)$42,625
Plan sponsor
Southeastern Construction & Maintenance, Inc.
EIN
59-1381065
Plan number
002
Plan type
2
Location
Mulberry, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023248H, C20241015065808NAL0046857120001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.6M total assets
Net assets$7.6MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$582.4K
Benefits paid / distributions$512.6K
Contributions
Employer$79.8K
Participant$545.2K
Full reported line items

Net assets

Total assets (EOY)
$7,603,887
Total liabilities (EOY)
$0
Net assets (EOY)
$7,603,887
Net assets (BOY)
$6,339,616

Income & contributions

Employer contributions
$79,795
Participant contributions
$545,185
Total contributions
$624,980
Total income / additions
$1,846,693

Expenses & distributions

Benefits paid
$512,609
Administrative expenses
$42,625
Total expenses
$582,422
Net increase / (decrease)
$1,264,271
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Chas P Smith & Associates Pa CpasADVISOR$27,980not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$14,645not reported in the loaded dataset2023

Related Form 5500 pages