401(k)
2023 plan-year 401(k) DOL Form 5500

Smithville Telephone Company, Inc. 401(k) Savings Plan

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

Sponsored by Smithville Telephone Company, Inc. ยท Indiana ยท Information & Media

What the 2023 filing shows

Smithville Telephone Company, Inc. 401(k) Savings Plan holds $7M for 150 participants - about $49,317 per participant, up 20.7% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
150
covered participants
$49,317
avg assets per participant
+20.7%
assets growth YoY
Total Assets (2023)
$7M
Participants
150
State
Industry
Information & Media

What the Filing Says About Smithville Telephone Company, Inc. 401(k) Savings Plan

Smithville Telephone Company, Inc. 401(k) Savings Plan is a 401(k) retirement plan sponsored by Smithville Telephone Company, Inc., headquartered in Indiana. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 150 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 350666710, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $7M at year-end โ€” a gain of 20.7%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M 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 โ€” 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)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan Type401(k)
Employer EIN350666710
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smithville Telephone Company, Inc.)

Year Plans Participants Total Assets
2022 2 241 $32M
2023 2 235 $34M
2024 2 245 $35M

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Frequently Asked Questions

How much money is in the Smithville Telephone Company, Inc. 401(k) Savings Plan?
As of the 2023 Form 5500 filing, Smithville Telephone Company, Inc. 401(k) Savings Plan holds $7M in total assets with 150 participants. It is sponsored by Smithville Telephone Company, Inc..
What type of plan is Smithville Telephone Company, Inc. 401(k) Savings Plan?
Smithville Telephone Company, Inc. 401(k) Savings Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 350666710.
Who sponsors the Smithville Telephone Company, Inc. 401(k) Savings Plan?
Smithville Telephone Company, Inc. 401(k) Savings Plan is sponsored by Smithville Telephone Company, Inc., located in Indiana. The sponsor's EIN is 350666710 and the plan operates in the Information & Media industry.
How did Smithville Telephone Company, Inc. 401(k) Savings Plan perform in 2023?
Smithville Telephone Company, Inc. 401(k) Savings Plan grew by 20.7% during 2023, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for Smithville Telephone Company, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Smithville Telephone Company, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 350666710 or plan name at efast.dol.gov.
How does Smithville Telephone Company, Inc. 401(k) Savings Plan compare to other plans?
You can compare Smithville Telephone Company, Inc. 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Indiana 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 350666710.

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

Reference: IRS Publication 590-B โ€” 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.