Saporito Finishing Company 401(K) Plan — Form 5500 plan (Saporito Finishing Company)

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, Saporito Finishing Company 401(K) Plan is a benefit plan reported by Saporito Finishing Company under EIN 36-2337562 and plan number 001. The latest loaded filing year is 2023. The filing reports 140 participants and $8,054,956 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.1MPlan net assets, end of year$8,054,956
Participants140Covered participants reported
Assets / participant$57.5KComputed: assets ÷ participants$57,535 (computed)
Provider compensation$98.4K3 Schedule C provider row(s)$98,375
Plan sponsor
Saporito Finishing Company
EIN
36-2337562
Plan number
001
Plan type
2
Location
Cicero, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023140H, C20241010101908NAL0009902531001
Schedule H · 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)$8.1M total assets
Net assets$8.1MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$598.3K
Benefits paid / distributions$535.6K
Contributions
Employer$90.3K
Participant$589.3K
Full reported line items

Net assets

Total assets (EOY)
$8,054,956
Total liabilities (EOY)
$0
Net assets (EOY)
$8,054,956
Net assets (BOY)
$7,034,029

Income & contributions

Employer contributions
$90,322
Participant contributions
$589,277
Total contributions
$681,252
Total income / additions
$1,619,259

Expenses & distributions

Benefits paid
$535,578
Administrative expenses
$59,132
Total expenses
$598,332
Net increase / (decrease)
$1,020,927
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 13%Participant 87%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$59,132$02023
Lpl Financial LLC - RpcpINVESTMENT ADVISORY$0$21,9922023
Securities America Advisors, Inc.INVESTMENT ADVISORY$0$17,2512023

Related Form 5500 pages