Somerset Capital Group, Ltd 401(K) Plan — Form 5500 plan (Somerset Capital Group, Ltd)

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, Somerset Capital Group, Ltd 401(K) Plan is a benefit plan reported by Somerset Capital Group, Ltd under EIN 06-1458929 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $19,911,527 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Somerset Capital Group, Ltd
EIN
06-1458929
Plan number
001
Plan type
2
Location
Milford, CT
Latest filing year
2023
Participants
146
End-of-year plan assets
$19,911,527

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023146H, C20241010112734NAL0019989889001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,911,527
Total liabilities (EOY)
$0
Net assets (EOY)
$19,911,527
Net assets (BOY)
$16,248,508

Income & contributions

Employer contributions
$344,839
Participant contributions
$1,200,847
Total contributions
$1,563,247
Total income / additions
$4,312,721

Expenses & distributions

Benefits paid
$613,731
Administrative expenses
$35,971
Total expenses
$649,702
Net increase / (decrease)
$3,663,019

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Prime Capital Invest. Adv.BROKER$27,312not reported in the loaded dataset2023
The Vanguard Group, Inc.ADMINISTRATOR$9,590not reported in the loaded dataset2023

Related Form 5500 pages