Safe Boats International Employee Stock Plan & Trust — Form 5500 plan (Sbi, Inc.)

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, Safe Boats International Employee Stock Plan & Trust is a benefit plan reported by Sbi, Inc. under EIN 88-4367942 and plan number 001. The latest loaded filing year is 2023. The filing reports 222 participants and $6,149,133 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sbi, Inc.
EIN
88-4367942
Plan number
001
Plan type
2
Location
Bremerton, WA
Latest filing year
2023
Participants
222
End-of-year plan assets
$6,149,133

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023222H20241014203136NAL0045889136001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,149,133
Total liabilities (EOY)
$4,232,326
Net assets (EOY)
$1,916,807
Net assets (BOY)
$0

Income & contributions

Employer contributions
$393,823
Total contributions
$393,823
Total income / additions
$2,043,590

Expenses & distributions

Benefits paid
$0
Administrative expenses
$0
Total expenses
$126,783
Net increase / (decrease)
$1,916,807

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages