2023 Form 5500 filing — Smrt, Inc. 401(K) Profit Sharing 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 20241010160401NAL0034696704001) for Smrt, Inc. 401(K) Profit Sharing Plan, reported by Smrt, Inc. under EIN 01-0384169 and plan number 001. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010160401NAL0034696704001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Smrt, Inc.
- EIN
- 01-0384169
- Plan number
- 001
- Location
- Portland, ME
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,055,671
- Net assets (EOY)
- $27,055,671
- Employer contributions
- $622,472
- Participant contributions
- $1,632,636
- Total income / additions
- $6,532,082
- Benefits paid
- $1,633,897
- Administrative expenses
- $5,658
- Total expenses
- $1,639,555
- Net increase / (decrease)
- $4,892,527
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Valmark Advisers Inc | ADVISOR | $29,333 | $0 |
| Downeast Pension Services Inc | TPA | $6,082 | $0 |
| Fidelity Investments Institutional | RECORDKEEPER | -$29,757 | $0 |