2023 Form 5500 filing — S. A. Morman & Company Profit Sharing 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 20240820101051NAL0003941168001) for S. A. Morman & Company Profit Sharing 401(K) Plan, reported by S. A. Morman And Company under EIN 38-1606089 and plan number 002. It reports 97 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.1MReported net assets$8,111,981
Participants97
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240820101051NAL0003941168001
Plan sponsor
S. A. Morman And Company
EIN
38-1606089
Plan number
002
Location
Grand Rapids, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

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

Reported balance (end of year)$8.1M total assets
Net assets$8.1MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$4.5M
Benefits paid / distributions$4.5M
Contributions
Employer$56K
Participant$439.2K
Full reported line items
Total assets (EOY)
$8,111,981
Total liabilities (EOY)
$0
Net assets (EOY)
$8,111,981
Employer contributions
$55,983
Participant contributions
$439,198
Total income / additions
$2,039,174
Benefits paid
$4,455,232
Administrative expenses
$1,204
Total expenses
$4,460,120
Net increase / (decrease)
-$2,420,946

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240820101051NAL0003941168001 cover?
It is the 2023 Form 5500 filing for S. A. Morman & Company Profit Sharing 401(K) Plan, reported by S. A. Morman And Company (EIN 38-1606089).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages