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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023413H, C20241015122201NAL0028400705001
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
Money in vs. money out
Total income / additions$5.2M
Total expenses$942.2K
Benefits paid / distributions$824.1K
Contributions
Employer$1.3M
Participant$1.7M
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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance Co.RECORDKEEPER$8,455not reported in the loaded dataset2023

Related Form 5500 pages