2023 Form 5500 filing — Sambatek, LLC 401(K) Profit Sharing 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 20240927080902NAL0003656594001) for Sambatek, LLC 401(K) Profit Sharing Plan, reported by Sambatek, LLC under EIN 26-4801863 and plan number 001. It reports 181 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927080902NAL0003656594001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sambatek, LLC
- EIN
- 26-4801863
- Plan number
- 001
- Location
- Minnetonka, MN
- Participants
- 181
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,917,758
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,917,758
- Employer contributions
- $186,262
- Participant contributions
- $1,086,224
- Total income / additions
- $3,194,906
- Benefits paid
- $1,329,039
- Administrative expenses
- $54,466
- Total expenses
- $1,383,505
- Net increase / (decrease)
- $1,811,401
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bergankdv Wealth Management LLC | ADVISOR | $23,878 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $21,815 | $0 |
| Rogers And King, Cpa LLC | ACCOUNTANT/AUDITOR | $8,773 | not reported in the loaded dataset |