Slm Staffing 401(K) Plan — Form 5500 plan (Slm Staffing, LLC)

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, Slm Staffing 401(K) Plan is a benefit plan reported by Slm Staffing, LLC under EIN 56-2368663 and plan number 001. The latest loaded filing year is 2023. The filing reports 831 participants and $4,181,030 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.2MPlan net assets, end of year$4,181,030
Participants831Covered participants reported
Assets / participant$5KComputed: assets ÷ participants$5,031 (computed)
Provider compensation$68.9K2 Schedule C provider row(s)$68,901
Plan sponsor
Slm Staffing, LLC
EIN
56-2368663
Plan number
001
Plan type
2
Location
Coconut Creek, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023831H, C20250313100708NAL0020603281001
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)$4.2M total assets
Net assets$4.2MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$945.5K
Benefits paid / distributions$861.5K
Contributions
Employer$61K
Participant$454.7K
Full reported line items

Net assets

Total assets (EOY)
$4,181,030
Total liabilities (EOY)
$0
Net assets (EOY)
$4,181,030
Net assets (BOY)
$4,031,180

Income & contributions

Employer contributions
$61,009
Participant contributions
$454,730
Total contributions
$516,001
Total income / additions
$1,095,366

Expenses & distributions

Benefits paid
$861,456
Administrative expenses
$69,292
Total expenses
$945,516
Net increase / (decrease)
$149,850

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$59,078$02023
Ubs Financial Services IncINVESTMENT ADVISORY$9,819$42023

Related Form 5500 pages