2023 Form 5500 filing — Sila Solutions Group 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 20241108142705NAL0011669169001) for Sila Solutions Group 401(K) Profit Sharing Plan, reported by Sila Solutions Group under EIN 20-1131549 and plan number 001. It reports 189 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)$19.4MReported net assets$19,357,743
Participants189
Provider compensation$75.3K6 Schedule C row(s)$75,295
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241108142705NAL0011669169001
- Plan sponsor
- Sila Solutions Group
- EIN
- 20-1131549
- Plan number
- 001
- Location
- Great Falls, VA
- 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)$19.4M total assets
Net assets$19.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $19,357,743
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,357,743
- Employer contributions
- $306,641
- Participant contributions
- $916,229
- Total income / additions
- $5,158,078
- Benefits paid
- $1,177,606
- Administrative expenses
- $57,722
- Total expenses
- $1,235,328
- Net increase / (decrease)
- $3,922,750
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial Corporation | INV ADVISORY - PLAN | $5,228 | $21,165 |
| Global Retirement Partners LLC | INV ADVISORY - PLAN | $17,351 | not reported in the loaded dataset |
| Transamerica Ret. Solutions LLC | RECORDKEEPER | $14,607 | $0 |
| Kaiser Scherer & Schlegel | AUDIT | $13,905 | not reported in the loaded dataset |
| Mesirow Financial, Inc. | INV ADVISORY - PLAN | $1,882 | not reported in the loaded dataset |
| Creative Retirement Systems, Inc. | RECORDKEEPER/TPA | $650 | $507 |