Sps New England, Inc. Profit Sharing/Retirement Plan — Form 5500 plan (Sps New England, Inc.)
Plain-English plan 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, Sps New England, Inc. Profit Sharing/Retirement Plan is a benefit plan reported by Sps New England, Inc. under EIN 04-2741165 and plan number 002. The latest loaded filing year is 2023. The filing reports 440 participants and $39,702,485 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sps New England, Inc.
- EIN
- 04-2741165
- Plan number
- 002
- Plan type
- 2
- Location
- Salisbury, MA
- Latest filing year
- 2023
- Participants
- 440
- End-of-year plan assets
- $39,702,485
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 440 | H, C | 20241012145831NAL0040153392001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $39,702,485
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,702,485
- Net assets (BOY)
- $36,133,919
Income & contributions
- Participant contributions
- $1,633,176
- Total contributions
- $1,920,231
- Total income / additions
- $7,668,298
Expenses & distributions
- Benefits paid
- $4,049,618
- Administrative expenses
- $50,114
- Total expenses
- $4,099,732
- Net increase / (decrease)
- $3,568,566
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mcgladrey Llp | AUDITOR | $21,000 | not reported in the loaded dataset | 2023 |
| Next Financial Group Inc | BROKER/ADVISER | $0 | $19,035 | 2023 |
| The Angell Pension Group Inc | CONTRACT ADMIN | $4,875 | $10,000 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $14,610 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,066 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sps New England, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Salisbury, MA
- Mcgladrey Llp — Schedule C compensation
- Next Financial Group Inc — Schedule C compensation
- The Angell Pension Group Inc — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation