2023 Form 5500 filing — Sofie Network 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 20241015103611NAL0029271697001) for Sofie Network 401(K) Plan, reported by Sofie Network Inc. under EIN 82-1041795 and plan number 002. It reports 455 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015103611NAL0029271697001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sofie Network Inc.
- EIN
- 82-1041795
- Plan number
- 002
- Location
- Dulles, VA
- Participants
- 455
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,554,509
- Total liabilities (EOY)
- $46,154
- Net assets (EOY)
- $20,508,355
- Employer contributions
- $661,171
- Participant contributions
- $2,127,847
- Total income / additions
- $6,090,508
- Benefits paid
- $2,670,146
- Administrative expenses
- $73,757
- Total expenses
- $2,758,259
- Net increase / (decrease)
- $3,332,249
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mcgriff Insurance | INVESTMENT ADVISORY | $36,256 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,929 | $0 |