2023 Form 5500 filing — Somero Enterprises, Inc 401(K) Profit Sharing Plan And Trust
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 20240816102510NAL0024411024001) for Somero Enterprises, Inc 401(K) Profit Sharing Plan And Trust, reported by Somero Enterprises Inc under EIN 20-3225968 and plan number 001. It reports 220 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)$21.5MReported net assets$21,501,273
Participants220
Provider compensation$20.2K1 Schedule C row(s)$20,170
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240816102510NAL0024411024001
- Plan sponsor
- Somero Enterprises Inc
- EIN
- 20-3225968
- Plan number
- 001
- Location
- Fort Myers, FL
- 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)$21.5M total assets
Net assets$21.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $21,501,273
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,501,273
- Employer contributions
- $1,006,933
- Participant contributions
- $1,361,985
- Total income / additions
- $5,760,713
- Benefits paid
- $1,323,445
- Administrative expenses
- $20,170
- Total expenses
- $1,343,615
- Net increase / (decrease)
- $4,417,098
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $20,170 | $0 |