2023 Form 5500 filing — Southeastern Products 401(K) Retirement Savings 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 20241009144326NAL0033082000001) for Southeastern Products 401(K) Retirement Savings Plan, reported by Southeastern Products, Inc. under EIN 57-0671815 and plan number 002. It reports 131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009144326NAL0033082000001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southeastern Products, Inc.
- EIN
- 57-0671815
- Plan number
- 002
- Location
- Fountain Inn, SC
- Participants
- 131
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,583,323
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,583,323
- Employer contributions
- $76,912
- Participant contributions
- $459,055
- Total income / additions
- $1,533,398
- Benefits paid
- $464,187
- Administrative expenses
- $14,306
- Total expenses
- $478,493
- Net increase / (decrease)
- $1,054,905
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Truist Advisory Services, Inc. | INVESTMENT ADVISORY | $0 | $13,860 |
| Principal Life Insurance Company | CONTRACT ADMIN | $13,404 | $0 |