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, Summers-Taylor, Inc 401(K) Retirement Plan is a benefit plan reported by Summers-Taylor, Inc under EIN 62-0458729 and plan number 001. The latest loaded filing year is 2023. The filing reports 647 participants and $14,104,703 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,104,703
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,104,703
- Net assets (BOY)
- $13,387,032
Income & contributions
- Employer contributions
- $313,902
- Participant contributions
- $1,154,557
- Total contributions
- $1,662,996
- Total income / additions
- $3,427,606
Expenses & distributions
- Benefits paid
- $2,735,102
- Administrative expenses
- $8,141
- Total expenses
- $2,709,935
- Net increase / (decrease)
- $717,671