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, Superior Battery Manufacturing Inc. Profit Sharing And 401(K) Plan is a benefit plan reported by Superior Battery Manufacturing, Inc. under EIN 61-1020315 and plan number 001. The latest loaded filing year is 2023. The filing reports 160 participants and $7,122,097 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,122,097
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,122,097
- Net assets (BOY)
- $5,884,587
Income & contributions
- Employer contributions
- $75,653
- Participant contributions
- $257,299
- Total contributions
- $332,952
- Total income / additions
- $1,453,384
Expenses & distributions
- Benefits paid
- $215,354
- Administrative expenses
- $520
- Total expenses
- $215,874
- Net increase / (decrease)
- $1,237,510