2023 Form 5500 filing — Spencer Technologies, Inc. 401(K) And 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 20250207125144NAL0023078000001) for Spencer Technologies, Inc. 401(K) And Profit Sharing Plan, reported by Spencer Technologies, Inc. under EIN 05-0499679 and plan number 002. It reports 527 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250207125144NAL0023078000001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spencer Technologies, Inc.
- EIN
- 05-0499679
- Plan number
- 002
- Location
- Medway, MA
- Participants
- 527
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,958,347
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,958,347
- Employer contributions
- $21,771
- Participant contributions
- $893,719
- Total income / additions
- $2,545,001
- Benefits paid
- $1,572,280
- Administrative expenses
- $52,053
- Total expenses
- $1,630,042
- Net increase / (decrease)
- $914,959
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rockland Trust | INVESTMENT ADVISOR | $29,524 | not reported in the loaded dataset |
| Pkf O'Connor Davies Llp | AUDITOR | $11,700 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $11,272 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 |