2023 Form 5500 filing — Strategic Business Systems, Inc. 401(K) Profit Sharing 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 20240709135044NAL0013680225001) for Strategic Business Systems, Inc. 401(K) Profit Sharing Plan, reported by Strategic Business Systems, Inc. under EIN 54-1994992 and plan number 001. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709135044NAL0013680225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Strategic Business Systems, Inc.
- EIN
- 54-1994992
- Plan number
- 001
- Location
- Chantilly, VA
- Participants
- 186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,827,536
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,827,536
- Employer contributions
- $59,127
- Participant contributions
- $708,029
- Total income / additions
- $2,512,155
- Benefits paid
- $1,157,894
- Administrative expenses
- $53,319
- Total expenses
- $1,206,667
- Net increase / (decrease)
- $1,305,488
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Commonwealth Equity Services, Inc. | INVESTMENT ADVISOR | $25,398 | not reported in the loaded dataset |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $25,239 | $0 |
| Benchmark Retirement Plan Svcs | CONTRACT ADMINISTRATOR | $1,700 | $10,000 |