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, Smiledirectclub 401(K) Plan is a benefit plan reported by Smiledirectclub, LLC under EIN 47-1363956 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,935 participants and $33,615,049 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,615,049
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,615,049
- Net assets (BOY)
- $31,233,141
Income & contributions
- Employer contributions
- $1,526,021
- Participant contributions
- $4,468,308
- Total contributions
- $6,126,032
- Total income / additions
- $12,688,905
Expenses & distributions
- Benefits paid
- $10,129,381
- Administrative expenses
- $124,062
- Total expenses
- $10,306,997
- Net increase / (decrease)
- $2,381,908