2023 Form 5500 filing — Safepoint Mga, LLC 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 20240925054143NAL0013922049001) for Safepoint Mga, LLC 401(K) Plan, reported by Safepoint Mga, LLC under EIN 46-2941255 and plan number 001. It reports 213 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925054143NAL0013922049001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Safepoint Mga, LLC
- EIN
- 46-2941255
- Plan number
- 001
- Location
- Temple Terrace, FL
- Participants
- 213
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,021,127
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,021,127
- Employer contributions
- $436,026
- Participant contributions
- $557,017
- Total income / additions
- $1,836,951
- Benefits paid
- $473,792
- Administrative expenses
- $32,400
- Total expenses
- $511,617
- Net increase / (decrease)
- $1,325,334
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $18,047 | $0 |
| Resources Investment Advisors, Inc. | CONSULTANT | $14,353 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |