2023 Form 5500 filing — Concentric Advisors 401(K) Retirement 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 20240926132049NAL0000822385001) for Concentric Advisors 401(K) Retirement Plan, reported by Concentric Group, Inc. under EIN 30-0503641 and plan number 001. It reports 430 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$16.5MReported net assets$16,538,119
Participants430
Provider compensation$52.7K1 Schedule C row(s)$52,672
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926132049NAL0000822385001
Plan sponsor
Concentric Group, Inc.
EIN
30-0503641
Plan number
001
Location
Kirkland, WA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16.5M total assets
Net assets$16.5MLiabilities$0
Money in vs. money out
Total income / additions$5.6M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$1M
Participant$2.3M
Full reported line items
Total assets (EOY)
$16,538,119
Total liabilities (EOY)
$0
Net assets (EOY)
$16,538,119
Employer contributions
$1,017,787
Participant contributions
$2,308,824
Total income / additions
$5,593,199
Benefits paid
$1,945,497
Administrative expenses
$52,678
Total expenses
$1,998,175
Net increase / (decrease)
$3,595,024

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Betterment For Business, LLCRECORDKEEPER$52,672not reported in the loaded dataset

Related Form 5500 pages