Sterling Products, Inc. 401(K) Savings And Retirement Plan — Form 5500 plan (Sterling Products, Inc.)

Plain-English plan 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, Sterling Products, Inc. 401(K) Savings And Retirement Plan is a benefit plan reported by Sterling Products, Inc. under EIN 13-3446488 and plan number 003. The latest loaded filing year is 2023. The filing reports 541 participants and $38,264,525 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sterling Products, Inc.
EIN
13-3446488
Plan number
003
Plan type
2
Location
New Berlin, WI
Latest filing year
2023
Participants
541
End-of-year plan assets
$38,264,525

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023541H, C20240913105639NAL0019573026001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,264,525
Total liabilities (EOY)
$0
Net assets (EOY)
$38,264,525
Net assets (BOY)
$35,203,542

Income & contributions

Employer contributions
$573,261
Participant contributions
$1,966,508
Total contributions
$2,754,071
Total income / additions
$8,552,013

Expenses & distributions

Benefits paid
$5,324,543
Administrative expenses
$148,690
Total expenses
$5,491,030
Net increase / (decrease)
$3,060,983

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Oneamerica Retirement Services LLCNONE$73,831not reported in the loaded dataset2023
Ubs Financial ServicesNONE$62,859not reported in the loaded dataset2023
Wipfli, LlpNONE$12,000not reported in the loaded dataset2023
Matrix Trust CompanyNONE$0$02023

Related Form 5500 pages