2023 Form 5500 filing — Sectek, Inc. Employee Stock Ownership 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 20241010074712NAL0039444258001) for Sectek, Inc. Employee Stock Ownership Plan, reported by Sectek, Inc. under EIN 34-1726791 and plan number 003. It reports 1,501 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)$1.1MReported net assets$1,050,310
Participants1.5K1,501
Provider compensation$6.2K1 Schedule C row(s)$6,240
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010074712NAL0039444258001
- Plan sponsor
- Sectek, Inc.
- EIN
- 34-1726791
- Plan number
- 003
- Location
- Tysons, VA
- 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)$1.1M total assets
Net assets$1.1MLiabilities$986
Full reported line items
- Total assets (EOY)
- $1,051,296
- Total liabilities (EOY)
- $986
- Net assets (EOY)
- $1,050,310
- Employer contributions
- $49,787
- Total income / additions
- $51,100
- Benefits paid
- $44,310
- Administrative expenses
- $6,240
- Total expenses
- $50,550
- Net increase / (decrease)
- $550
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transition Finance Strategies, LLC | NONE | $6,240 | not reported in the loaded dataset |