2023 Form 5500 filing — Sopheon 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 20241015085746NAL0056699538001) for Sopheon 401(K) Profit Sharing Plan, reported by Sopheon Corporation under EIN 41-1967943 and plan number 001. It reports 185 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)$21.4MReported net assets$21,414,024
Participants185
Provider compensation$85K3 Schedule C row(s)$84,974
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015085746NAL0056699538001
Plan sponsor
Sopheon Corporation
EIN
41-1967943
Plan number
001
Location
Bloomington, MN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$21.4M total assets
Net assets$21.4MLiabilities$0
Money in vs. money out
Total income / additions$5.3M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$498.6K
Participant$1.5M
Full reported line items
Total assets (EOY)
$21,414,024
Total liabilities (EOY)
$0
Net assets (EOY)
$21,414,024
Employer contributions
$498,592
Participant contributions
$1,467,933
Total income / additions
$5,251,778
Benefits paid
$2,011,068
Administrative expenses
$79,221
Total expenses
$2,090,289
Net increase / (decrease)
$3,161,489
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $45.2K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $34K · Indirect $4
  3. 3
    ACCOUNTANT · Direct $0 · Indirect $5.7K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015085746NAL0056699538001 cover?
It is the 2023 Form 5500 filing for Sopheon 401(K) Profit Sharing Plan, reported by Sopheon Corporation (EIN 41-1967943).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages