2023 Form 5500 filing — Superior Battery Manufacturing Inc. 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 20240802095133NAL0014158179001) for Superior Battery Manufacturing Inc. Profit Sharing And 401(K) Plan, reported by Superior Battery Manufacturing, Inc. under EIN 61-1020315 and plan number 001. It reports 160 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7.1MReported net assets$7,122,097
Participants160
Provider compensation$4001 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240802095133NAL0014158179001
Plan sponsor
Superior Battery Manufacturing, Inc.
EIN
61-1020315
Plan number
001
Location
Russell Springs, KY
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$7.1M total assets
Net assets$7.1MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$215.9K
Benefits paid / distributions$215.4K
Contributions
Employer$75.7K
Participant$257.3K
Full reported line items
Total assets (EOY)
$7,122,097
Total liabilities (EOY)
$0
Net assets (EOY)
$7,122,097
Employer contributions
$75,653
Participant contributions
$257,299
Total income / additions
$1,453,384
Benefits paid
$215,354
Administrative expenses
$520
Total expenses
$215,874
Net increase / (decrease)
$1,237,510

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Capital Group Retirement Plan ServiRECORDKEEPER$400$0

Related Form 5500 pages