Silverdale Baptist Academy 401(K) Plan — Form 5500 plan (Silverdale Baptist Academy)
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, Silverdale Baptist Academy 401(K) Plan is a benefit plan reported by Silverdale Baptist Academy under EIN 62-1799301 and plan number 001. The latest loaded filing year is 2023. The filing reports 215 participants and $4,085,080 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Silverdale Baptist Academy
- EIN
- 62-1799301
- Plan number
- 001
- Plan type
- 2
- Location
- Chattanooga, TN
- Latest filing year
- 2023
- Participants
- 215
- End-of-year plan assets
- $4,085,080
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 215 | H, C | 20251028070353NAL0017043714001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,085,080
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,085,080
- Net assets (BOY)
- $3,341,703
Income & contributions
- Employer contributions
- $154,933
- Participant contributions
- $362,508
- Total contributions
- $521,720
- Total income / additions
- $1,043,662
Expenses & distributions
- Benefits paid
- $298,176
- Administrative expenses
- $2,109
- Total expenses
- $300,285
- Net increase / (decrease)
- $743,377
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cambridge Inv Rsrch Advsrs | NONE | $0 | $45,636 | 2023 |
| American United Life Insurance Co. | NONE | $844 | $11,214 | 2023 |
| Empower Annuity Insurance Co. | RECORDKEEPER | $700 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Silverdale Baptist Academy
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Chattanooga, TN
- Cambridge Inv Rsrch Advsrs — Schedule C compensation
- American United Life Insurance Co. — Schedule C compensation
- Empower Annuity Insurance Co. — Schedule C compensation