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 Future 401(K) Plan is a benefit plan reported by Safe Boats International, LLC under EIN 91-1737896 and plan number 001. The latest loaded filing year is 2023. The filing reports 289 participants and $12,519,702 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,519,702
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,519,702
- Net assets (BOY)
- $11,203,710
Income & contributions
- Participant contributions
- $1,005,379
- Total contributions
- $1,057,576
- Total income / additions
- $2,899,127
Expenses & distributions
- Benefits paid
- $1,530,281
- Administrative expenses
- $49,137
- Total expenses
- $1,583,135
- Net increase / (decrease)
- $1,315,992