Skate One Corp 401(K) Plan — Form 5500 plan (Skate One Corp)

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, Skate One Corp 401(K) Plan is a benefit plan reported by Skate One Corp under EIN 77-0350662 and plan number 001. The latest loaded filing year is 2023. The filing reports 133 participants and $5,865,635 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.9MPlan net assets, end of year$5,865,635
Participants133Covered participants reported
Assets / participant$44.1KComputed: assets ÷ participants$44,103 (computed)
Provider compensation$14.8K2 Schedule C provider row(s)$14,784
Plan sponsor
Skate One Corp
EIN
77-0350662
Plan number
001
Plan type
2
Location
Goleta, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023133H, C20240925110339NAL0019644736001
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)$5.9M total assets
Net assets$5.9MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$418.1K
Benefits paid / distributions$400.3K
Contributions
Employer$0
Participant$423.7K
Full reported line items

Net assets

Total assets (EOY)
$5,865,635
Total liabilities (EOY)
$0
Net assets (EOY)
$5,865,635
Net assets (BOY)
$4,945,296

Income & contributions

Employer contributions
$0
Participant contributions
$423,686
Total contributions
$423,686
Total income / additions
$1,338,407

Expenses & distributions

Benefits paid
$400,341
Administrative expenses
$14,784
Total expenses
$418,068
Net increase / (decrease)
$920,339
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 0%Participant 100%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Channel Wealth LLCADVISOR$12,973not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$1,811$02023

Related Form 5500 pages