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

Service Minds, Inc. 401(k) Plan

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

Sponsored by Service Minds, Inc. · Florida · Construction

What the 2023 filing shows

Service Minds, Inc. 401(k) Plan holds $1M for 219 participants — about $5,362 per participant, up 80.0% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
219
covered participants
$5,362
avg assets per participant
+80.0%
assets growth YoY
Total Assets (2023)
$1M
Participants
219
State
Industry
Construction

What the Filing Says About Service Minds, Inc. 401(k) Plan

Service Minds, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Service Minds, Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 219 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 260742325, and the plan has been effective since 2017-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $652K at the beginning of 2022 to $1M at year-end — a gain of 80.0%. Net assets (after liabilities) closed the year at $1M, with reported net income of $522K 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 1 prior plan-year filing 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)$652K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$522K
Plan Type401(k)
Employer EIN260742325
Plan Effective Date2017-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Service Minds, Inc.)

Year Plans Participants Total Assets
2022 1 219 $1M
2023 2 281 $525K

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Frequently Asked Questions

How much money is in the Service Minds, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Service Minds, Inc. 401(k) Plan holds $1M in total assets with 219 participants. It is sponsored by Service Minds, Inc..
What type of plan is Service Minds, Inc. 401(k) Plan?
Service Minds, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2017-03-01. The plan is filed with the U.S. Department of Labor under EIN 260742325.
Who sponsors the Service Minds, Inc. 401(k) Plan?
Service Minds, Inc. 401(k) Plan is sponsored by Service Minds, Inc., located in Florida. The sponsor's EIN is 260742325 and the plan operates in the Construction industry.
How did Service Minds, Inc. 401(k) Plan perform in 2022?
Service Minds, Inc. 401(k) Plan grew by 80.0% during 2022, moving from $652K to $1M in total assets. Net income was $522K.
Where can I find official filings for Service Minds, Inc. 401(k) Plan?
Official Form 5500 filings for Service Minds, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 260742325 or plan name at efast.dol.gov.
How does Service Minds, Inc. 401(k) Plan compare to other plans?
You can compare Service Minds, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida 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 260742325.

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.