2023 Form 5500 filing — Sportscare 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 20241015190921NAL0017088019001) for Sportscare 401(K) Plan, reported by Sportscare Institute Inc. under EIN 22-3508415 and plan number 001. It reports 372 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015190921NAL0017088019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sportscare Institute Inc.
- EIN
- 22-3508415
- Plan number
- 001
- Location
- East Hanover, NJ
- Participants
- 372
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,840,375
- Total liabilities (EOY)
- $26,156
- Net assets (EOY)
- $11,814,219
- Employer contributions
- $63,401
- Participant contributions
- $989,697
- Total income / additions
- $2,930,321
- Benefits paid
- $1,624,800
- Administrative expenses
- $80,319
- Total expenses
- $1,719,857
- Net increase / (decrease)
- $1,210,464
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Park Avenue Securities, LLC | INVESTMENT/FINANCIAL ADVI | $84,541 | $0 |
| Adp, Inc. | RECORD KEEPER | $31,728 | $0 |
| Nppg Fiduciary Services LLC | INVESTMENT/FINANCIAL ADVI | $6,320 | $0 |