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, Southern Concrete Materials, Inc. Salary Deferral And Profit Sharing Plan is a benefit plan reported by Southern Concrete Materials, Inc. under EIN 56-0663876 and plan number 001. The latest loaded filing year is 2023. The filing reports 433 participants and $10,248,221 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,248,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,248,221
- Net assets (BOY)
- $8,756,343
Income & contributions
- Employer contributions
- $628,900
- Participant contributions
- $955,208
- Total contributions
- $1,584,108
- Total income / additions
- $2,908,706
Expenses & distributions
- Benefits paid
- $1,365,470
- Administrative expenses
- $46,493
- Total expenses
- $1,416,828
- Net increase / (decrease)
- $1,491,878