2023 Form 5500 filing — Shaner Enterprises 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 20241009141229NAL0038109682001) for Shaner Enterprises 401(K) Plan, reported by Shaner Operating Corp under EIN 16-1379569 and plan number 001. It reports 1,820 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009141229NAL0038109682001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shaner Operating Corp
- EIN
- 16-1379569
- Plan number
- 001
- Location
- State College, PA
- Participants
- 1,820
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,354,267
- Total liabilities (EOY)
- $25,033
- Net assets (EOY)
- $26,329,234
- Employer contributions
- $867,118
- Participant contributions
- $2,255,363
- Total income / additions
- $7,379,022
- Benefits paid
- $3,018,714
- Administrative expenses
- $132,172
- Total expenses
- $3,230,208
- Net increase / (decrease)
- $4,148,814
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $127,010 | $0 |
| Shaner Hotel Holdings | OTHER SERVICES | $0 | $13,000 |
| Revere Asset Management Inc | INV ADV, PARTICIPANTS | $5,131 | not reported in the loaded dataset |
| Usi Securities Inc | OTHER SERVICES | $0 | $3,078 |