Plan5500

Sound Beach, NY Form 5500 retirement and benefit plan filings

City Form 5500 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, Sound Beach, NY has 2 loaded benefit plan(s) reported by 2 plan sponsor(s), with $501,044 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
2
Plan sponsors
2
Latest filing year
2023

What stands out in Sound Beach

  • 2 loaded plans hold $501K in reported assets across 2 sponsors.
  • The largest, Carter Melence, Inc. 401(K) Plan, holds 71% of reported Sound Beach plan assets.
  • Plans cover 3 participants — about 2 per plan.
  • 100% of loaded plans report full Schedule H/I financial statements.
  • report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$501KSummed across loaded plans$501,044
Total reported assets$501K$501,044
Total reported participants3
Total reported liabilitiesNot reported

Reported net position

Reported assets = net assets + liabilities (summed)$501K total assets
Net assets$501KLiabilities—
Contributions & income
Employer contributions$6.1K
Participant contributions$40K
Total income / additions$194.4K
Expenses & distributions
Benefits paid / distributionsNot reported
Total expenses$0
Net increase / (decrease)$194.4K

Data coverage

Plans with financial statements2 / 2 (100%)
Plans with provider compensation0 / 2 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Sound Beach, NY plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Sound Beach market comparison

Largest plan share of assets71%Carter Melence, Inc. 401(K) Plan
Participants per plan2Average across loaded plans
Plan sponsors2
Ranked by reported assets

Largest loaded plans in Sound Beach

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Carter Melence, Inc. 401(K) Plan$358.1K
    Carter-Melence, Inc. · 2023
  2. 2
    Forbes Asset Management Inc. Retirement Plan$142.9K
    Forbes Asset Management Inc. · 2023

Largest plans in Sound Beach → · Sound Beach plans by participants → · Sound Beach plans with financial data → · Sound Beach plans with provider compensation → · $1B+ plans in Sound Beach →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Sound Beach, NY?
2 plan(s) reported by 2 sponsor(s) are loaded for Sound Beach, NY.

Related Form 5500 pages