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, Desoto Sales, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Desoto Sales, Inc. under EIN 95-3386654 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $14,755,872 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,755,872
- Net assets (EOY)
- $14,755,872
- Net assets (BOY)
- $13,433,201
Income & contributions
- Employer contributions
- $586,274
- Participant contributions
- $492,337
- Total contributions
- $1,078,611
- Total income / additions
- $2,728,618
Expenses & distributions
- Benefits paid
- $1,367,340
- Administrative expenses
- $38,607
- Total expenses
- $1,405,947
- Net increase / (decrease)
- $1,322,671