2023 Form 5500 filing — Sbam Retirement Savings 401(K) Pooled Employer 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 20241204152505NAL0006740096001) for Sbam Retirement Savings 401(K) Pooled Employer Plan, reported by Small Business Resource Center under EIN 38-3042915 and plan number 333. It reports 381 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241204152505NAL0006740096001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Small Business Resource Center
- EIN
- 38-3042915
- Plan number
- 333
- Location
- Lansing, MI
- Participants
- 381
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,834,293
- Total liabilities (EOY)
- $23,951
- Net assets (EOY)
- $10,810,342
- Employer contributions
- $517,897
- Participant contributions
- $1,220,561
- Total income / additions
- $3,691,166
- Benefits paid
- $1,095,140
- Administrative expenses
- $93,303
- Total expenses
- $1,188,443
- Net increase / (decrease)
- $2,502,723
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Admin. Group, LLC Dba Tag Resources | TPA, RECORDKPR | $30,388 | $0 |
| Transamerica Retirement Solutions | RECORD KEEPER | $27,036 | $0 |
| The O.N. Equity Sales Co. | INVESTMENT ADVISORY-PLAN | $16,701 | not reported in the loaded dataset |
| Morgan Stanley Global Banking | INVESTMENT ADVISORY-PLAN | $13,009 | not reported in the loaded dataset |
| Corecap Advisors | INVESTMENT ADVISORY-PLAN | $2,263 | not reported in the loaded dataset |
| Mutual Securities, Inc. Of Calif. | OTHER SERVICES | $2,234 | not reported in the loaded dataset |
| Lpl Financial Corporation | INVESTMENT ADVISORY-PLAN | $1,459 | not reported in the loaded dataset |
| Wells Fargo Advisors LLC | OTHER SERVICES | $133 | not reported in the loaded dataset |
| Revalue LLC | OTHER SERVICES | $80 | not reported in the loaded dataset |