Selig Enterprises, Inc. Savings & Profit Sharing Plan — Form 5500 plan (Selig Enterprises, Inc.)

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, Selig Enterprises, Inc. Savings & Profit Sharing Plan is a benefit plan reported by Selig Enterprises, Inc. under EIN 58-6016800 and plan number 001. The latest loaded filing year is 2023. The filing reports 288 participants and $41,760,413 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$41.8MPlan net assets, end of year$41,760,413
Participants288Covered participants reported
Assets / participant$145KComputed: assets ÷ participants$145,001 (computed)
Provider compensation$35.2K2 Schedule C provider row(s)$35,212
Plan sponsor
Selig Enterprises, Inc.
EIN
58-6016800
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023288H, C20240927115102NAL0004470178001
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)$41.8M total assets
Net assets$41.8MLiabilities$0
Money in vs. money out
Total income / additions$9.8M
Total expenses$4.2M
Benefits paid / distributions$4.2M
Contributions
Employer$689K
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$41,760,413
Total liabilities (EOY)
$0
Net assets (EOY)
$41,760,413
Net assets (BOY)
$36,166,489

Income & contributions

Employer contributions
$688,969
Participant contributions
$1,648,389
Total contributions
$2,498,733
Total income / additions
$9,800,721

Expenses & distributions

Benefits paid
$4,184,111
Administrative expenses
$22,686
Total expenses
$4,206,797
Net increase / (decrease)
$5,593,924
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 29%Participant 71%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$28,963$02023
Investment Research & AdINVESTMENT ADVISORY$6,249not reported in the loaded dataset2023

Related Form 5500 pages