Southern Medical Technologies LLC 401k Profit Sharing Plan — Form 5500 plan (Southern Medical Technologies 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, Southern Medical Technologies LLC 401k Profit Sharing Plan is a benefit plan reported by Southern Medical Technologies LLC under EIN 84-2686774 and plan number 001. The latest loaded filing year is 2023. The filing reports 130 participants and $3,767,331 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Medical Technologies LLC
- EIN
- 84-2686774
- Plan number
- 001
- Plan type
- 2
- Location
- Homewood, AL
- Latest filing year
- 2023
- Participants
- 130
- End-of-year plan assets
- $3,767,331
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 130 | H, C | 20241015110007NAL0029332577001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,767,331
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,767,331
- Net assets (BOY)
- $2,787,395
Income & contributions
- Employer contributions
- $222,644
- Participant contributions
- $445,705
- Total contributions
- $700,280
- Total income / additions
- $1,222,089
Expenses & distributions
- Benefits paid
- $231,453
- Administrative expenses
- $10,700
- Total expenses
- $242,153
- Net increase / (decrease)
- $979,936
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Financial Network | ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $700 | $0 | 2023 |