2023 Form 5500 filing — Smith Power Products, Inc. 401k 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 20240930052339NAL0002446003001) for Smith Power Products, Inc. 401k Plan, reported by Smith Power Products, Inc. under EIN 87-0253588 and plan number 001. It reports 347 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)$28.5MReported net assets$28,546,924
Participants347
Provider compensation$84.4K3 Schedule C row(s)$84,355
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240930052339NAL0002446003001
- Plan sponsor
- Smith Power Products, Inc.
- EIN
- 87-0253588
- Plan number
- 001
- Location
- Salt Lake City, UT
- 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)$28.5M total assets
Net assets$28.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $28,546,924
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,546,924
- Employer contributions
- $695,041
- Participant contributions
- $1,747,465
- Total income / additions
- $6,427,904
- Benefits paid
- $2,213,224
- Administrative expenses
- $84,356
- Total expenses
- $2,320,019
- Net increase / (decrease)
- $4,107,885
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial Corporation Rpcp | INVESTMENT/FINANCIAL ADVI | $43,359 | $0 |
| Adp, Inc. | RECORD KEEPER | $40,996 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |