Sportsman Boats Manufacturing, Inc. 401(K) Plan — Form 5500 plan (Sportsman Boats Manufacturing, 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, Sportsman Boats Manufacturing, Inc. 401(K) Plan is a benefit plan reported by Sportsman Boats Manufacturing, Inc. under EIN 80-0754630 and plan number 001. The latest loaded filing year is 2023. The filing reports 526 participants and $6,016,687 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sportsman Boats Manufacturing, Inc.
- EIN
- 80-0754630
- Plan number
- 001
- Plan type
- 2
- Location
- Summerville, SC
- Latest filing year
- 2023
- Participants
- 526
- End-of-year plan assets
- $6,016,687
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 526 | H, C | 20250113123141NAL0018444225001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,016,687
- Total liabilities (EOY)
- $1,161
- Net assets (EOY)
- $6,015,526
- Net assets (BOY)
- $4,044,030
Income & contributions
- Employer contributions
- $506,863
- Participant contributions
- $1,163,751
- Total contributions
- $1,959,230
- Total income / additions
- $2,785,566
Expenses & distributions
- Benefits paid
- $759,846
- Administrative expenses
- $54,224
- Total expenses
- $814,070
- Net increase / (decrease)
- $1,971,496
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $26,896 | $0 | 2023 |
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $17,812 | $0 | 2023 |
| Qualifed Plan Administrators Inc. | CONTRACT ADMIN | $6,570 | $4,678 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,851 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sportsman Boats Manufacturing, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Summerville, SC
- Empower Annuity Insurance Company — Schedule C compensation
- Wells Fargo Advisors LLC — Schedule C compensation
- Qualifed Plan Administrators Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation