2023 Form 5500 filing — Sba Network Services, 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 20241008154809NAL0009858883001) for Sba Network Services, LLC 401(K) Profit Sharing Plan, reported by Sba Communications Corporation under EIN 65-0911445 and plan number 002. It reports 1,494 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008154809NAL0009858883001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sba Communications Corporation
- EIN
- 65-0911445
- Plan number
- 002
- Location
- Boca Raton, FL
- Participants
- 1,494
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $125,978,883
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $125,978,883
- Employer contributions
- $3,314,118
- Participant contributions
- $9,406,435
- Total income / additions
- $33,573,737
- Benefits paid
- $7,748,897
- Administrative expenses
- $322,706
- Total expenses
- $8,050,994
- Net increase / (decrease)
- $25,522,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $209,840 | $0 |
| Capfinancial Partners | INVESTMENT ADVISORY | $81,366 | not reported in the loaded dataset |
| Cohn Reznik Llp | ACCOUNTANT | $31,500 | not reported in the loaded dataset |