2023 Form 5500 filing — Sandhills Independent School Corporation Defined Contribution 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 20241015205217NAL0030896289001) for Sandhills Independent School Corporation Defined Contribution Retirement Plan, reported by Sandhills Independent School Corporation under EIN 23-7125932 and plan number 001. It reports 161 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015205217NAL0030896289001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sandhills Independent School Corporation
- EIN
- 23-7125932
- Plan number
- 001
- Location
- Southern Pines, NC
- Participants
- 161
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,262,461
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,262,461
- Employer contributions
- $116,874
- Participant contributions
- $240,932
- Total income / additions
- $1,433,332
- Benefits paid
- $774,805
- Administrative expenses
- $6,033
- Total expenses
- $786,622
- Net increase / (decrease)
- $646,710
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Vanguard | RECORDKEEPER | $5,805 | $0 |
| Axa Equitable Life Insurance | RECORDKEEPER | $228 | $0 |