2023 Form 5500 filing — Highstreet It Solutions, LLC 401(K) 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 20240918150756NAL0004752481001) for Highstreet It Solutions, LLC 401(K) Plan, reported by Highstreet It Solutions, LLC under EIN 46-2499428 and plan number 001. It reports 127 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918150756NAL0004752481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Highstreet It Solutions, LLC
- EIN
- 46-2499428
- Plan number
- 001
- Location
- Rockville, MD
- Participants
- 127
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,596,740
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,596,740
- Employer contributions
- $143,340
- Participant contributions
- $1,251,515
- Total income / additions
- $4,371,502
- Benefits paid
- $907,255
- Administrative expenses
- $58,556
- Total expenses
- $965,811
- Net increase / (decrease)
- $3,405,691
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $58,556 | $0 |
| Lpl Financial LLC - Rpcp | INVESTMENT ADVISORY | $0 | $20,000 |
| Forvis Mazars, LLC | ACCOUNTANT | $0 | $8,250 |