Sigg Motors 1, LLC 401(K) Plan — Form 5500 plan (Sigg Motors 1, LLC)

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, Sigg Motors 1, LLC 401(K) Plan is a benefit plan reported by Sigg Motors 1, LLC under EIN 26-3176948 and plan number 002. The latest loaded filing year is 2023. The filing reports 10 participants and $4,483,170 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.5MPlan net assets, end of year$4,483,170
Participants10Covered participants reported
Assets / participant$448.3KComputed: assets ÷ participants$448,317 (computed)
Provider compensationNone reported
Plan sponsor
Sigg Motors 1, LLC
EIN
26-3176948
Plan number
002
Plan type
2
Location
Iola, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310I20241014120011NAL0014882371002
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.5M total assets
Net assets$4.5MLiabilities
Money in vs. money out
Total income / additions$826.8K
Total expenses$250.4K
Benefits paid / distributions$219.2K
Contributions
Employer$44K
Participant$142.5K
Full reported line items

Net assets

Total assets (EOY)
$4,483,170
Net assets (EOY)
$4,483,170
Net assets (BOY)
$3,906,820

Income & contributions

Employer contributions
$43,971
Participant contributions
$142,500
Total income / additions
$826,786

Expenses & distributions

Benefits paid
$219,228
Administrative expenses
$31,208
Total expenses
$250,436
Net increase / (decrease)
$576,350
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income27%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages