T. L. Sneed, Inc. Profit Sharing Plan — Form 5500 plan (T. L. Sneed, 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, T. L. Sneed, Inc. Profit Sharing Plan is a benefit plan reported by T. L. Sneed, Inc. under EIN 93-0920950 and plan number 002. The latest loaded filing year is 2023. The filing reports 5 participants and $4,386,083 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.4MPlan net assets, end of year$4,386,083
Participants5Covered participants reported
Assets / participant$877.2KComputed: assets ÷ participants$877,217 (computed)
Provider compensationNone reported
Plan sponsor
T. L. Sneed, Inc.
EIN
93-0920950
Plan number
002
Plan type
2
Location
La Canada, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235I20241220092315NAL0005998769001
Schedule I · 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)$4.4M total assets
Net assets$4.4MLiabilities
Money in vs. money out
Total income / additions$223.7K
Total expenses$187.3K
Benefits paid / distributions$187.3K
Contributions
Employer$46.1K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$4,386,083
Net assets (EOY)
$4,386,083
Net assets (BOY)
$4,349,615

Income & contributions

Employer contributions
$46,054
Total income / additions
$223,722

Expenses & distributions

Benefits paid
$187,254
Total expenses
$187,254
Net increase / (decrease)
$36,468
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.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income84%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages