2023 Form 5500 filing — Somerset Capital Group, Ltd 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 20241010112734NAL0019989889001) for Somerset Capital Group, Ltd 401(K) Plan, reported by Somerset Capital Group, Ltd under EIN 06-1458929 and plan number 001. It reports 146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010112734NAL0019989889001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Somerset Capital Group, Ltd
- EIN
- 06-1458929
- Plan number
- 001
- Location
- Milford, CT
- Participants
- 146
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,911,527
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,911,527
- Employer contributions
- $344,839
- Participant contributions
- $1,200,847
- Total income / additions
- $4,312,721
- Benefits paid
- $613,731
- Administrative expenses
- $35,971
- Total expenses
- $649,702
- Net increase / (decrease)
- $3,663,019
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prime Capital Invest. Adv. | BROKER | $27,312 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | ADMINISTRATOR | $9,590 | not reported in the loaded dataset |