Plan5500

Sbe2 401k Plan — Form 5500 plan (Sbe2, LLC)

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, Sbe2 401k Plan is a benefit plan reported by Sbe2, LLC under EIN 81-4844239 and plan number 001. The latest loaded filing year is 2023. The filing reports 467 participants and $7,825,801 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sbe2, LLC
EIN
81-4844239
Plan number
001
Plan type
2
Location
Morgan City, LA
Latest filing year
2023
Participants
467
End-of-year plan assets
$7,825,801

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023467H, C20241015080304NAL0014221363001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,825,801
Total liabilities (EOY)
$1,256
Net assets (EOY)
$7,824,545
Net assets (BOY)
$7,268,302

Income & contributions

Employer contributions
$98,884
Participant contributions
$427,845
Total contributions
$573,398
Total income / additions
$1,637,688

Expenses & distributions

Benefits paid
$1,004,576
Administrative expenses
$62,010
Total expenses
$1,081,445
Net increase / (decrease)
$556,243

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$58,353$02023
Orenda Retirement LLCCONTRACT ADMINISTRATOR$5,665$8,7782023
New York Life SecuritiesOTHER SERVICES$0$12,3102023
Wilshire Associates IncorporatedINVESTMENT ADVISORY$0$02023

Related Form 5500 pages