Sew-Eurodrive, Inc. Profit Sharing/ 401(K) Retirement Plan — Form 5500 plan (Sew-Eurodrive, 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, Sew-Eurodrive, Inc. Profit Sharing/ 401(K) Retirement Plan is a benefit plan reported by Sew-Eurodrive, Inc. under EIN 31-0870891 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,177 participants and $207,907,283 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sew-Eurodrive, Inc.
- EIN
- 31-0870891
- Plan number
- 001
- Plan type
- 2
- Location
- Lyman, SC
- Latest filing year
- 2023
- Participants
- 1,177
- End-of-year plan assets
- $207,907,283
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,177 | H, C | 20240924135105NAL0012844545001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $207,907,283
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $207,907,283
- Net assets (BOY)
- $174,770,083
Income & contributions
- Employer contributions
- $10,959,924
- Participant contributions
- $5,547,597
- Total contributions
- $17,103,166
- Total income / additions
- $47,985,558
Expenses & distributions
- Benefits paid
- $14,678,777
- Administrative expenses
- $166,029
- Total expenses
- $14,848,358
- Net increase / (decrease)
- $33,137,200
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $109,452 | $0 | 2023 |
| Northwestern Mutual Wealth Mgmt | INVESTMENT ADVISORY | $59,974 | $26 | 2023 |
| Charles Schwab & Co, Inc. | BROKER/DEALER | $10,849 | $0 | 2023 |
| Creative Planning LLC | INV ADV, PARTICIPANTS | $10,416 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sew-Eurodrive, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Lyman, SC
- Principal Life Insurance Company — Schedule C compensation
- Northwestern Mutual Wealth Mgmt — Schedule C compensation
- Charles Schwab & Co, Inc. — Schedule C compensation
- Creative Planning LLC — Schedule C compensation