2023 Form 5500 filing — Somerset Hardwood Flooring Employee Retirement 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 20241009090747NAL0018069793001) for Somerset Hardwood Flooring Employee Retirement Plan, reported by Somerset Hardwood Flooring, Inc. under EIN 61-1074211 and plan number 001. It reports 493 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009090747NAL0018069793001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Somerset Hardwood Flooring, Inc.
- EIN
- 61-1074211
- Plan number
- 001
- Location
- Somerset, KY
- Participants
- 493
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,071,835
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,071,835
- Employer contributions
- $155,628
- Participant contributions
- $308,887
- Total income / additions
- $977,770
- Benefits paid
- $1,431,203
- Administrative expenses
- $14,746
- Total expenses
- $1,451,433
- Net increase / (decrease)
- -$473,663
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $7,719 | $0 |
| Gallagher Fiduciary Advisors LLC | ADVISOR | $6,473 | not reported in the loaded dataset |