2023 Form 5500 filing — The Echo Design Group, Inc. 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 20250410180114NAL0033975664001) for The Echo Design Group, Inc. 401(K) Plan, reported by The Echo Design Group, Inc. under EIN 13-1543397 and plan number 001. It reports 152 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250410180114NAL0033975664001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Echo Design Group, Inc.
- EIN
- 13-1543397
- Plan number
- 001
- Location
- Moonachie, NJ
- Participants
- 152
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,947,283
- Total liabilities (EOY)
- $32,015
- Net assets (EOY)
- $32,915,268
- Employer contributions
- $0
- Participant contributions
- $563,220
- Total income / additions
- $6,292,222
- Benefits paid
- $1,421,362
- Administrative expenses
- $118,522
- Total expenses
- $1,539,884
- Net increase / (decrease)
- $4,752,338
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $85,596 | $0 |
| Anchin, Block & Anchin | ACCOUNTANT | $31,500 | not reported in the loaded dataset |
| Raymond James Financial Services | INVESTMENT ADVISORY | $0 | $25,039 |
| Concierge Retirement Services | CONTRACT ADMINISTRATOR | $7,286 | $14,185 |
| Wells Fargo Advisors Fin Network | INVESTMENT ADVISORY | $0 | $17,613 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | not reported in the loaded dataset | not reported in the loaded dataset |
| Anchin, Block & Anchin | ACCOUNTANT | not reported in the loaded dataset | not reported in the loaded dataset |
| Madison Pension Services Inc | CONTRACT ADMINISTRATOR | not reported in the loaded dataset | not reported in the loaded dataset |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |