The Southern Devall Group 401(K) Plan — Form 5500 plan (Southern Towing 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 Southern Devall Group 401(K) Plan is a benefit plan reported by Southern Towing Company under EIN 62-0646123 and plan number 002. The latest loaded filing year is 2023. The filing reports 749 participants and $59,206,240 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Towing Company
- EIN
- 62-0646123
- Plan number
- 002
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 749
- End-of-year plan assets
- $59,206,240
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 749 | H, C | 20240830074648NAL0008232691001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,206,240
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,206,240
- Net assets (BOY)
- $49,795,020
Income & contributions
- Employer contributions
- $3,060,139
- Participant contributions
- $4,525,103
- Total contributions
- $8,058,481
- Total income / additions
- $16,079,999
Expenses & distributions
- Benefits paid
- $6,635,073
- Administrative expenses
- $33,706
- Total expenses
- $6,668,779
- Net increase / (decrease)
- $9,411,220
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James & Associates, Inc. | INVESTMENT ADVISORY | $0 | $104,256 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $33,706 | $0 | 2023 |