Midsouth Satellite LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Midsouth Satellite LLC Dba Entersource)
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, Midsouth Satellite LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Midsouth Satellite LLC Dba Entersource under EIN 20-5635200 and plan number 001. The latest loaded filing year is 2023. The filing reports 234 participants and $1,292,323 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midsouth Satellite LLC Dba Entersource
- EIN
- 20-5635200
- Plan number
- 001
- Plan type
- 2
- Location
- Shelbyville, TN
- Latest filing year
- 2023
- Participants
- 234
- End-of-year plan assets
- $1,292,323
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 234 | H, C | 20240822104335NAL0005013985001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,292,323
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,292,323
- Net assets (BOY)
- $870,318
Income & contributions
- Employer contributions
- $179,858
- Participant contributions
- $359,015
- Total contributions
- $538,873
- Total income / additions
- $696,963
Expenses & distributions
- Benefits paid
- $236,621
- Administrative expenses
- $38,337
- Total expenses
- $274,958
- Net increase / (decrease)
- $422,005
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pension Inc. | THIRD PARTY ADMINISTRATO | $32,794 | $0 | 2023 |
| Nicolet National Bank | INVESTMENT ADVISOR | $3,604 | $0 | 2023 |