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, Ragan Smith Associates, Inc. Restated Profit Sharing 401(K) Plan is a benefit plan reported by Ragan Smith Associates, Inc. under EIN 62-0730065 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $19,972,678 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,972,678
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,972,678
- Net assets (BOY)
- $15,360,517
Income & contributions
- Employer contributions
- $1,153,201
- Participant contributions
- $1,123,669
- Total contributions
- $2,332,583
- Total income / additions
- $5,172,526
Expenses & distributions
- Benefits paid
- $483,872
- Administrative expenses
- $76,493
- Total expenses
- $560,365
- Net increase / (decrease)
- $4,612,161