2023 Form 5500 filing — Savantage Financial Services, Inc. 401(K) Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240624144558NAL0006159361001) for Savantage Financial Services, Inc. 401(K) Savings Plan, reported by Savantage Financial Services, Inc. under EIN 36-3379794 and plan number 001. It reports 138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240624144558NAL0006159361001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Savantage Financial Services, Inc.
- EIN
- 36-3379794
- Plan number
- 001
- Location
- Rockville, MD
- Participants
- 138
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,365,337
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,365,337
- Employer contributions
- $404,103
- Participant contributions
- $1,628,836
- Total income / additions
- $7,227,340
- Benefits paid
- $504,205
- Administrative expenses
- $102,977
- Total expenses
- $610,782
- Net increase / (decrease)
- $6,616,558
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James | INVESTMENT ADVISOR | $45,056 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $22,718 | $0 |
| Aprio Llp | AUDITOR | $21,500 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $13,703 | not reported in the loaded dataset |