2023 Form 5500 filing — Palms 401(K) 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 20241014133110NAL0053712578002) for Palms 401(K) Savings Plan, reported by Smgha Nevada, LLC under EIN 87-1815815 and plan number 001. It reports 1,800 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$6.2MReported net assets$6,204,906

Participants1.8K1,800

Provider compensation$18.7K2 Schedule C row(s)$18,702

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241014133110NAL0053712578002
Plan sponsor: Smgha Nevada, LLC
EIN: 87-1815815
Plan number: 001
Location: Las Vegas, NV
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$6.2M total assets

Net assets$6.2MLiabilities—

Money in vs. money out

Total income / additions$3.8M

Total expenses$347.2K

Benefits paid / distributions$325.4K

Contributions

Employer$565.8K

Participant$1.9M

Full reported line items

Total assets (EOY): $6,204,906
Net assets (EOY): $6,204,906
Employer contributions: $565,811
Participant contributions: $1,873,256
Total income / additions: $3,833,316
Benefits paid: $325,387
Administrative expenses: $18,702
Total expenses: $347,244
Net increase / (decrease): $3,486,072

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Transamerica Retirement Solutions$18.7K
RECORDKEEPER · Direct $18.7K · Indirect $0
2
National Financial Services$0
SECURITIES BROKER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014133110NAL0053712578002 cover?: It is the 2023 Form 5500 filing for Palms 401(K) Savings Plan, reported by Smgha Nevada, LLC (EIN 87-1815815).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).