Shaner Enterprises 401(K) Plan — Form 5500 plan (Shaner Operating Corp)
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, Shaner Enterprises 401(K) Plan is a benefit plan reported by Shaner Operating Corp under EIN 16-1379569 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,820 participants and $26,354,267 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Shaner Operating Corp
- EIN
- 16-1379569
- Plan number
- 001
- Plan type
- 2
- Location
- State College, PA
- Latest filing year
- 2023
- Participants
- 1,820
- End-of-year plan assets
- $26,354,267
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,820 | H, C | 20241009141229NAL0038109682001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,354,267
- Total liabilities (EOY)
- $25,033
- Net assets (EOY)
- $26,329,234
- Net assets (BOY)
- $22,180,420
Income & contributions
- Employer contributions
- $867,118
- Participant contributions
- $2,255,363
- Total contributions
- $3,296,188
- Total income / additions
- $7,379,022
Expenses & distributions
- Benefits paid
- $3,018,714
- Administrative expenses
- $132,172
- Total expenses
- $3,230,208
- Net increase / (decrease)
- $4,148,814
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $127,010 | $0 | 2023 |
| Shaner Hotel Holdings | OTHER SERVICES | $0 | $13,000 | 2023 |
| Revere Asset Management Inc | INV ADV, PARTICIPANTS | $5,131 | not reported in the loaded dataset | 2023 |
| Usi Securities Inc | OTHER SERVICES | $0 | $3,078 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Shaner Operating Corp
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in State College, PA
- Principal Life Insurance Company — Schedule C compensation
- Shaner Hotel Holdings — Schedule C compensation
- Revere Asset Management Inc — Schedule C compensation
- Usi Securities Inc — Schedule C compensation