2023 Form 5500 filing — Somerville-Cambridge Elder Services, Inc. 401(K) Retirement 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 20250415132949NAL0003371393001) for Somerville-Cambridge Elder Services, Inc. 401(K) Retirement Plan, reported by Somerville-Cambridge Elder Services, Inc. under EIN 04-2515020 and plan number 001. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415132949NAL0003371393001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Somerville-Cambridge Elder Services, Inc.
- EIN
- 04-2515020
- Plan number
- 001
- Location
- Somerville, MA
- Participants
- 247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,319,837
- Net assets (EOY)
- $12,319,837
- Employer contributions
- $226,306
- Participant contributions
- $564,674
- Total income / additions
- $2,436,051
- Benefits paid
- $1,399,890
- Administrative expenses
- $55,515
- Total expenses
- $1,455,405
- Net increase / (decrease)
- $980,646
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | CUSTODIAN, RECORDKEEPER | $21,288 | $2,898 |
| Rpw Solutions, LLC. | TPA, FIDUCIARY ADVISOR | $17,965 | not reported in the loaded dataset |
| Global Retirement Partners, LLC | BROKER DEALER OF ADVISOR | $16,262 | not reported in the loaded dataset |