401(k)
2022 plan-year 401(k) DOL Form 5500

Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Stevens Towing Co., Inc. · South Carolina · Transportation & Warehousing

What the 2023 filing shows

Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust holds $10M for 137 participants — about $74,211 per participant, down 16.8% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
137
covered participants
$74,211
avg assets per participant
-16.8%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
137
Industry
Transportation & Warehousing

What the Filing Says About Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust

Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Stevens Towing Co., Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 137 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 570668649, and the plan has been effective since 1980-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end — a decline of 16.8%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-2,060,002 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-2,060,002
Plan Type401(k)
Employer EIN570668649
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stevens Towing Co., Inc.)

Year Plans Participants Total Assets
2022 1 137 $10M
2023 1 99 $10M
2024 1 104 $11M

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Frequently Asked Questions

How much money is in the Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust holds $10M in total assets with 137 participants. It is sponsored by Stevens Towing Co., Inc..
What type of plan is Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust?
Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 1980-01-01. The plan is filed with the U.S. Department of Labor under EIN 570668649.
Who sponsors the Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust?
Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust is sponsored by Stevens Towing Co., Inc., located in South Carolina. The sponsor's EIN is 570668649 and the plan operates in the Transportation & Warehousing industry.
How did Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust perform in 2022?
Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust declined by 16.8% during 2022, moving from $12M to $10M in total assets. Net income was $-2,060,002.
Where can I find official filings for Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570668649 or plan name at efast.dol.gov.
How does Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Stevens Towing Co., Inc. 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 570668649.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.