Sonwil Distribution Center Profit Sharing Retirement Plan — Form 5500 plan (Sonwil Distribution Center, 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, Sonwil Distribution Center Profit Sharing Retirement Plan is a benefit plan reported by Sonwil Distribution Center, Inc. under EIN 16-0911273 and plan number 001. The latest loaded filing year is 2023. The filing reports 569 participants and $15,473,098 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sonwil Distribution Center, Inc.
- EIN
- 16-0911273
- Plan number
- 001
- Plan type
- 2
- Location
- West Seneca, NY
- Latest filing year
- 2023
- Participants
- 569
- End-of-year plan assets
- $15,473,098
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 569 | H, C | 20240927081836NAL0003203104001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,473,098
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,473,098
- Net assets (BOY)
- $13,818,965
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $1,095,980
- Total contributions
- $1,563,969
- Total income / additions
- $4,067,437
Expenses & distributions
- Benefits paid
- $2,316,330
- Administrative expenses
- $80,339
- Total expenses
- $2,413,304
- Net increase / (decrease)
- $1,654,133
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $50,281 | $0 | 2023 |
| Lawley Retirement Advisors LLC | INVESTMENT ADVISOR | $29,998 | not reported in the loaded dataset | 2023 |
| Gwfs Equities Inc | OTHER | $40 | not reported in the loaded dataset | 2023 |
| Gwfs Equities Inc | OTHER | $20 | not reported in the loaded dataset | 2023 |
| Gwfs Equities Inc | OTHER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sonwil Distribution Center, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in West Seneca, NY
- Empower Life & Annuity Insurance Co — Schedule C compensation
- Lawley Retirement Advisors LLC — Schedule C compensation
- Gwfs Equities Inc — Schedule C compensation