Seatrium Amfels 401(K) Plan — Form 5500 plan (Seatrium Amfels, Inc.)
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, Seatrium Amfels 401(K) Plan is a benefit plan reported by Seatrium Amfels, Inc. under EIN 74-2468713 and plan number 001. The latest loaded filing year is 2023. The filing reports 530 participants and $9,611,604 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.6MPlan net assets, end of year$9,611,604
Participants530Covered participants reported
Assets / participant$18.1KComputed: assets ÷ participants$18,135 (computed)
Provider compensation$86.8K4 Schedule C provider row(s)$86,799
- Plan sponsor
- Seatrium Amfels, Inc.
- EIN
- 74-2468713
- Plan number
- 001
- Plan type
- 2
- Location
- Brownsville, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 530 | H, C | 20250205205601NAL0005679091001 |
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)$9.6M total assets
Net assets$9.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,611,604
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,611,604
- Net assets (BOY)
- $8,390,736
Income & contributions
- Employer contributions
- $290,504
- Participant contributions
- $799,797
- Total contributions
- $1,090,301
- Total income / additions
- $2,453,876
Expenses & distributions
- Benefits paid
- $1,174,486
- Administrative expenses
- $58,522
- Total expenses
- $1,233,008
- Net increase / (decrease)
- $1,220,868
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
27%73%
Employer 27%Participant 73%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,395 | $0 | 2023 |
| Bowen, Miclette, Britt Insurance Ag | OTHER SERVICES | $0 | $21,078 | 2023 |
| Loren D. Stark Company | CONTRACT ADMINISTRATOR | $8,185 | $4,141 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Seatrium Amfels, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Brownsville, TX
- Principal Life Insurance Company — Schedule C compensation
- Bowen, Miclette, Britt Insurance Ag — Schedule C compensation
- Loren D. Stark Company — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation