2023 Form 5500 filing — Simkins Industries, Inc. 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 20241011153448NAL0023125121001) for Simkins Industries, Inc. 401(K) Plan, reported by Simkins Industries, Inc. under EIN 06-0469480 and plan number 011. It reports 46 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$6.3MReported net assets$6,264,244
Participants46
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241011153448NAL0023125121001
Plan sponsor
Simkins Industries, Inc.
EIN
06-0469480
Plan number
011
Location
Miami, FL
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$0
Money in vs. money out
Total income / additions$1M
Total expenses$307.1K
Benefits paid / distributions$306.6K
Contributions
Employer$61.3K
Participant$173.5K
Full reported line items
Total assets (EOY)
$6,264,244
Total liabilities (EOY)
$0
Net assets (EOY)
$6,264,244
Employer contributions
$61,254
Participant contributions
$173,500
Total income / additions
$1,011,430
Benefits paid
$306,632
Administrative expenses
$475
Total expenses
$307,107
Net increase / (decrease)
$704,323

Related Form 5500 pages