2023 Form 5500 filing — Sciton Inc. 401(K) Profit Sharing Plan & Trust
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 20241015141738NAL0016599507001) for Sciton Inc. 401(K) Profit Sharing Plan & Trust, reported by Sciton Inc. under EIN 77-0463469 and plan number 001. It reports 417 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)$35.4MReported net assets$35,443,506
Participants417
Provider compensation$62K3 Schedule C row(s)$61,974
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015141738NAL0016599507001
- Plan sponsor
- Sciton Inc.
- EIN
- 77-0463469
- Plan number
- 001
- Location
- Palo Alto, CA
- 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)$35.4M total assets
Net assets$35.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $35,443,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,443,506
- Employer contributions
- $1,456,080
- Participant contributions
- $4,035,800
- Total income / additions
- $10,811,938
- Benefits paid
- $820,362
- Administrative expenses
- $43,640
- Total expenses
- $865,891
- Net increase / (decrease)
- $9,946,047
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $43,640 | not reported in the loaded dataset |
| Onedigital Investment Advisors | SERVICE PROVIDER | $0 | $11,667 |
| Onedigital Topco LLC | SERVICE PROVIDER | $0 | $6,667 |