Sandair Corporation 401 (K) Profit Sharing Plan — Form 5500 plan (Sandair Corporation)
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, Sandair Corporation 401 (K) Profit Sharing Plan is a benefit plan reported by Sandair Corporation under EIN 68-0235645 and plan number 001. The latest loaded filing year is 2023. The filing reports 413 participants and $16,965,278 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$17MPlan net assets, end of year$16,965,278
Participants413Covered participants reported
Assets / participant$41.1KComputed: assets ÷ participants$41,078 (computed)
Provider compensation$8.5K1 Schedule C provider row(s)$8,455
- Plan sponsor
- Sandair Corporation
- EIN
- 68-0235645
- Plan number
- 001
- Plan type
- 2
- Location
- Ripon, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 413 | H, C | 20241015122201NAL0028400705001 |
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)$17M total assets
Net assets$17MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $16,965,278
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,965,278
- Net assets (BOY)
- $12,755,084
Income & contributions
- Employer contributions
- $1,280,796
- Participant contributions
- $1,700,348
- Total contributions
- $3,156,933
- Total income / additions
- $5,152,407
Expenses & distributions
- Benefits paid
- $824,088
- Administrative expenses
- $31,186
- Total expenses
- $942,213
- Net increase / (decrease)
- $4,210,194
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Co. | RECORDKEEPER | $8,455 | not reported in the loaded dataset | 2023 |