2023 Form 5500 filing — Southgroup 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240207160643NAL0044651760001) for Southgroup 401(K) Plan, reported by Southgroup Insurance And Financial Services, LLC under EIN 94-3419819 and plan number 001. It reports 150 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240207160643NAL0044651760001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southgroup Insurance And Financial Services, LLC
- EIN
- 94-3419819
- Plan number
- 001
- Location
- Ridgeland, MS
- Participants
- 150
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,227,992
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,227,992
- Employer contributions
- $268,466
- Participant contributions
- $524,879
- Total income / additions
- $3,151,290
- Benefits paid
- $388,460
- Administrative expenses
- $40,882
- Total expenses
- $429,342
- Net increase / (decrease)
- $2,721,948
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pinnacle Wealth LLC | NONE | $26,643 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | NONE | $14,239 | $0 |
| The Vanguard Group, Inc. | NONE | $185 | $0 |