South Plains Implement, Ltd 401k Plan — Form 5500 plan (South Plains Implement, Ltd)

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, South Plains Implement, Ltd 401k Plan is a benefit plan reported by South Plains Implement, Ltd under EIN 75-2959950 and plan number 001. The latest loaded filing year is 2023. The filing reports 379 participants and $28,851,268 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
South Plains Implement, Ltd
EIN
75-2959950
Plan number
001
Plan type
2
Location
Shawnee Mission, KS
Latest filing year
2023
Participants
379
End-of-year plan assets
$28,851,268

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023379H, C20241015211758NAL0049819232001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$28,851,268
Total liabilities (EOY)
$0
Net assets (EOY)
$28,851,268
Net assets (BOY)
$20,062,236

Income & contributions

Employer contributions
$913,728
Participant contributions
$1,974,805
Total contributions
$5,496,570
Total income / additions
$9,955,219

Expenses & distributions

Benefits paid
$1,092,645
Administrative expenses
$73,542
Total expenses
$1,166,187
Net increase / (decrease)
$8,789,032

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tfb Advisors,LLCADVISORY SERVICES$45,288not reported in the loaded dataset2023
NationwideRECORD KEEPER$40,533not reported in the loaded dataset2023
Ameritas Advisory Services, LLCADVISORY SERVICES$23,409not reported in the loaded dataset2023
Tax Favored Benefits, Inc.TPA$4,100not reported in the loaded dataset2023

Related Form 5500 pages