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, Southern Development Resources, LLC Retirement Plan is a benefit plan reported by Southern Development Resources, LLC under EIN 64-0900779 and plan number 001. The latest loaded filing year is 2023. The filing reports 272 participants and $32,996,250 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,996,250
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,996,250
- Net assets (BOY)
- $29,507,371
Income & contributions
- Employer contributions
- $1,215,556
- Participant contributions
- $837,643
- Total contributions
- $2,166,552
- Total income / additions
- $7,102,929
Expenses & distributions
- Benefits paid
- $3,485,578
- Administrative expenses
- $128,472
- Total expenses
- $3,614,050
- Net increase / (decrease)
- $3,488,879