The Master 401(K) Plan — Form 5500 plan (Sharp Iron Group, LLC)

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, The Master 401(K) Plan is a benefit plan reported by Sharp Iron Group, LLC under EIN 75-2890621 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $7,032,599 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sharp Iron Group, LLC
EIN
75-2890621
Plan number
001
Plan type
2
Location
Wichita Falls, TX
Latest filing year
2023
Participants
177
End-of-year plan assets
$7,032,599

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023177H, C20240808085230NAL0004825505001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,032,599
Total liabilities (EOY)
$0
Net assets (EOY)
$7,032,599
Net assets (BOY)
$5,862,438

Income & contributions

Employer contributions
$220,194
Participant contributions
$639,840
Total contributions
$862,600
Total income / additions
$1,861,668

Expenses & distributions

Benefits paid
$657,379
Administrative expenses
$34,128
Total expenses
$691,507
Net increase / (decrease)
$1,170,161

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$21,577$02023
Woodbury Financial Services IncADVISOR$10,160not reported in the loaded dataset2023

Related Form 5500 pages