2023 Form 5500 filing — Sapiens Americas Corporation Employee 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 20240731141820NAL0014407603001) for Sapiens Americas Corporation Employee Savings Plan, reported by Sapiens Americas Corporation under EIN 13-3621430 and plan number 001. It reports 961 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731141820NAL0014407603001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sapiens Americas Corporation
- EIN
- 13-3621430
- Plan number
- 001
- Location
- Rochelle Park, NJ
- Participants
- 961
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $186,844,013
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $186,844,013
- Employer contributions
- $1,293,455
- Participant contributions
- $7,398,062
- Total income / additions
- $37,716,571
- Benefits paid
- $12,187,235
- Administrative expenses
- $228,105
- Total expenses
- $12,423,287
- Net increase / (decrease)
- $25,293,284
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $153,105 | $0 |
| Allied Retirement | INVESTMENT ADVISORY | $75,000 | not reported in the loaded dataset |