2023 Form 5500 filing — Deep South Equipment Company 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 20241111102031NAL0009147731001) for Deep South Equipment Company 401(K) Savings Plan, reported by Deep South Equipment Company under EIN 72-1167835 and plan number 001. It reports 403 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241111102031NAL0009147731001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Deep South Equipment Company
- EIN
- 72-1167835
- Plan number
- 001
- Location
- Slidell, LA
- Participants
- 403
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,945,859
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,945,859
- Employer contributions
- $200,000
- Participant contributions
- $558,994
- Total income / additions
- $1,835,802
- Benefits paid
- $413,678
- Administrative expenses
- $78,431
- Total expenses
- $492,109
- Net increase / (decrease)
- $1,343,693
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Comapny | CONTRACT ADMINISTRATOR | $52,464 | $0 |
| Heard, Mcelroy & Vestal, LLC | THIRD PARTY ADMINISTRATO | $25,967 | $2,535 |
| Edward D. Jones & Co. | INVESTMENT ADVISORY | $0 | $17,536 |
| Wilshire Advisors, LLC | INVESTMENT ADVISORY | $0 | $0 |