2023 Form 5500 filing — Unified Business Technologies Inc. 401k 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 20241015142748NAL0029974257001) for Unified Business Technologies Inc. 401k Profit Sharing Plan, reported by Unified Business Technologies Inc. under EIN 38-3399677 and plan number 001. It reports 353 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)$7.5MReported net assets$7,466,937
Participants353
Provider compensation$105.1K3 Schedule C row(s)$105,053
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015142748NAL0029974257001
Plan sponsor
Unified Business Technologies Inc.
EIN
38-3399677
Plan number
001
Location
Troy, MI
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)$7.5M total assets
Net assets$7.5MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$471.4K
Benefits paid / distributions$384.8K
Contributions
Employer$544.6K
Participant$1M
Full reported line items
Total assets (EOY)
$7,466,937
Total liabilities (EOY)
$0
Net assets (EOY)
$7,466,937
Employer contributions
$544,650
Participant contributions
$1,001,765
Total income / additions
$2,700,427
Benefits paid
$384,754
Administrative expenses
$86,625
Total expenses
$471,379
Net increase / (decrease)
$2,229,048

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$68,521$0
The Mandmarblestone Group LLCOTHER SERVICES$18,104$2,344
S B H U Life Agency Inc.OTHER SERVICES$0$16,084

Related Form 5500 pages