2023 Form 5500 filing — Sleep Number Profit Sharing And 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 20240718103555NAL0009404256001) for Sleep Number Profit Sharing And 401(K) Plan, reported by Sleep Number Corporation under EIN 41-1597886 and plan number 001. It reports 7,427 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718103555NAL0009404256001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sleep Number Corporation
- EIN
- 41-1597886
- Plan number
- 001
- Location
- Minneapolis, MN
- Participants
- 7,427
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $235,355,818
- Total liabilities (EOY)
- $120,470
- Net assets (EOY)
- $235,235,348
- Employer contributions
- $9,049,282
- Participant contributions
- $16,967,287
- Total income / additions
- $58,586,077
- Benefits paid
- $25,640,492
- Administrative expenses
- $684,447
- Total expenses
- $26,324,939
- Net increase / (decrease)
- $32,261,138
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman, Inc. | NONE | $508,474 | not reported in the loaded dataset |
| Captrust | NONE | $72,300 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $57,776 | $0 |
| Baker Tilly Us, Llp | NONE | $47,843 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |