Shipman & Goodwin Llp Profit Sharing Retirement Plan And Trust — Form 5500 plan (Shipman & Goodwin Llp)
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, Shipman & Goodwin Llp Profit Sharing Retirement Plan And Trust is a benefit plan reported by Shipman & Goodwin Llp under EIN 06-0640174 and plan number 001. The latest loaded filing year is 2023. The filing reports 335 participants and $164,719,236 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$164.7MPlan net assets, end of year$164,719,236
Participants335Covered participants reported
Assets / participant$491.7KComputed: assets ÷ participants$491,699 (computed)
Provider compensation$16.1K1 Schedule C provider row(s)$16,101
- Plan sponsor
- Shipman & Goodwin Llp
- EIN
- 06-0640174
- Plan number
- 001
- Plan type
- 2
- Location
- Hartford, CT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 335 | H, C | 20241003141226NAL0004905091001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$164.7M total assets
Net assets$164.7MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $164,719,236
- Net assets (EOY)
- $164,719,236
- Net assets (BOY)
- $159,212,948
Income & contributions
- Employer contributions
- $2,903,118
- Participant contributions
- $2,238,704
- Total contributions
- $5,198,409
- Total income / additions
- $26,480,193
Expenses & distributions
- Benefits paid
- $20,957,804
- Administrative expenses
- $16,101
- Total expenses
- $20,973,905
- Net increase / (decrease)
- $5,506,288
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
56%44%
Employer 56%Participant 44%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income79%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Group, Inc. | SERVICE PROVIDER | $16,101 | $0 | 2023 |