The Springs Company 401(K) Savings And Retirement Plan — Form 5500 plan (The Springs 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, The Springs Company 401(K) Savings And Retirement Plan is a benefit plan reported by The Springs Company under EIN 57-0145000 and plan number 001. The latest loaded filing year is 2023. The filing reports 116 participants and $15,184,083 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Springs Company
- EIN
- 57-0145000
- Plan number
- 001
- Plan type
- 2
- Location
- Fort Mill, SC
- Latest filing year
- 2023
- Participants
- 116
- End-of-year plan assets
- $15,184,083
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 116 | H, C | 20241009083738NAL0036503026001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,184,083
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,184,083
- Net assets (BOY)
- $13,723,196
Income & contributions
- Employer contributions
- $441,092
- Participant contributions
- $674,255
- Total contributions
- $1,115,347
- Total income / additions
- $3,343,129
Expenses & distributions
- Benefits paid
- $1,847,530
- Administrative expenses
- $34,712
- Total expenses
- $1,882,242
- Net increase / (decrease)
- $1,460,887
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $27,890 | $0 | 2023 |
| Independent Advisor Alliance | INVESTMENT ADVISORY | $6,820 | $5 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |