Sleep Number Profit Sharing And 401(K) Plan — Form 5500 plan (Sleep Number Corporation)
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, Sleep Number Profit Sharing And 401(K) Plan is a benefit plan reported by Sleep Number Corporation under EIN 41-1597886 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,427 participants and $235,355,818 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sleep Number Corporation
- EIN
- 41-1597886
- Plan number
- 001
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 7,427
- End-of-year plan assets
- $235,355,818
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,427 | H, C | 20240718103555NAL0009404256001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $235,355,818
- Total liabilities (EOY)
- $120,470
- Net assets (EOY)
- $235,235,348
- Net assets (BOY)
- $202,974,210
Income & contributions
- Employer contributions
- $9,049,282
- Participant contributions
- $16,967,287
- Total contributions
- $27,127,197
- Total income / additions
- $58,586,077
Expenses & distributions
- Benefits paid
- $25,640,492
- Administrative expenses
- $684,447
- Total expenses
- $26,324,939
- Net increase / (decrease)
- $32,261,138
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Milliman, Inc. | NONE | $508,474 | not reported in the loaded dataset | 2023 |
| Captrust | NONE | $72,300 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $57,776 | $0 | 2023 |
| Baker Tilly Us, Llp | NONE | $47,843 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sleep Number Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Milliman, Inc. — Schedule C compensation
- Captrust — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation