2023 Form 5500 filing — Simpson Senior Services, Inc. 403(B)(7) 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 20241009101935NAL0009101043001) for Simpson Senior Services, Inc. 403(B)(7) Retirement Plan, reported by Simpson Senior Services, Inc. under EIN 23-2948991 and plan number 002. It reports 581 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009101935NAL0009101043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Simpson Senior Services, Inc.
- EIN
- 23-2948991
- Plan number
- 002
- Location
- Bala Cynwyd, PA
- Participants
- 581
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,469,238
- Total liabilities (EOY)
- $6,808
- Net assets (EOY)
- $9,462,430
- Employer contributions
- $360,054
- Participant contributions
- $844,993
- Total income / additions
- $2,604,329
- Benefits paid
- $884,469
- Administrative expenses
- $63,369
- Total expenses
- $965,637
- Net increase / (decrease)
- $1,638,692
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $29,177 | $0 |
| Ivc Wealth Advisors, LLC | INVESTMENT ADVISOR | $20,844 | not reported in the loaded dataset |
| Delaware Valley Retirement, Inc. | CONTRACT ADMIN | $10,897 | $8,389 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,627 | not reported in the loaded dataset |