2023 Form 5500 filing — Elite Spice, Inc. 401(K) Profit Sharing Plan And Trust
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 20240708105208NAL0013962321001) for Elite Spice, Inc. 401(K) Profit Sharing Plan And Trust, reported by Elite Spice, Inc. under EIN 52-1545176 and plan number 001. It reports 626 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240708105208NAL0013962321001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Elite Spice, Inc.
- EIN
- 52-1545176
- Plan number
- 001
- Location
- Jessup, MD
- Participants
- 626
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,545,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,545,806
- Employer contributions
- $401,634
- Participant contributions
- $2,409,490
- Total income / additions
- $7,036,338
- Benefits paid
- $2,428,980
- Administrative expenses
- $109,654
- Total expenses
- $2,593,429
- Net increase / (decrease)
- $4,442,909
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $75,529 | $0 |
| Mma Securities LLC | INVESTMENT ADVISORY | $34,125 | $875 |