Superior Battery Manufacturing Inc. Profit Sharing And 401(K) Plan — Form 5500 plan (Superior Battery Manufacturing, 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, Superior Battery Manufacturing Inc. Profit Sharing And 401(K) Plan is a benefit plan reported by Superior Battery Manufacturing, Inc. under EIN 61-1020315 and plan number 001. The latest loaded filing year is 2023. The filing reports 160 participants and $7,122,097 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.1MPlan net assets, end of year$7,122,097
Participants160Covered participants reported
Assets / participant$44.5KComputed: assets ÷ participants$44,513 (computed)
Provider compensation$4001 Schedule C provider row(s)
- Plan sponsor
- Superior Battery Manufacturing, Inc.
- EIN
- 61-1020315
- Plan number
- 001
- Plan type
- 2
- Location
- Russell Springs, KY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 160 | H, C | 20240802095133NAL0014158179001 |
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)$7.1M total assets
Net assets$7.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,122,097
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,122,097
- Net assets (BOY)
- $5,884,587
Income & contributions
- Employer contributions
- $75,653
- Participant contributions
- $257,299
- Total contributions
- $332,952
- Total income / additions
- $1,453,384
Expenses & distributions
- Benefits paid
- $215,354
- Administrative expenses
- $520
- Total expenses
- $215,874
- Net increase / (decrease)
- $1,237,510
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.
23%77%
Employer 23%Participant 77%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Servi | RECORDKEEPER | $400 | $0 | 2023 |