Small Business Management Corporation Profit Sharing Plan — Form 5500 plan (Small Business Management Corporation)
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, Small Business Management Corporation Profit Sharing Plan is a benefit plan reported by Small Business Management Corporation under EIN 63-0753330 and plan number 002. The latest loaded filing year is 2023. The filing reports 18 participants and $33,731,923 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Small Business Management Corporation
- EIN
- 63-0753330
- Plan number
- 002
- Plan type
- 2
- Location
- Daphne, AL
- Latest filing year
- 2023
- Participants
- 18
- End-of-year plan assets
- $33,731,923
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 18 | I | 20240628095720NAL0000459137001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $33,731,923
- Net assets (EOY)
- $33,731,923
- Net assets (BOY)
- $29,477,693
Income & contributions
- Employer contributions
- $49,698
- Participant contributions
- $142,078
- Total income / additions
- $4,843,907
Expenses & distributions
- Benefits paid
- $533,678
- Administrative expenses
- $55,999
- Total expenses
- $589,677
- Net increase / (decrease)
- $4,254,230
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.