Sterling & Sterling, LLC. Employees' Thrift Savings Plan — Form 5500 plan (Sterling & Sterling, LLC)
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, Sterling & Sterling, LLC. Employees' Thrift Savings Plan is a benefit plan reported by Sterling & Sterling, LLC under EIN 11-1957801 and plan number 002. The latest loaded filing year is 2023. The filing reports 387 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sterling & Sterling, LLC
- EIN
- 11-1957801
- Plan number
- 002
- Plan type
- 2
- Location
- Woodbury, NY
- Latest filing year
- 2023
- Participants
- 387
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 387 | H, C | 20241017085312NAL0063469090001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $28,113,004
Income & contributions
- Employer contributions
- $616,696
- Participant contributions
- $2,041,162
- Total contributions
- $2,698,369
- Total income / additions
- $8,061,428
Expenses & distributions
- Benefits paid
- $2,403,812
- Administrative expenses
- $140,353
- Total expenses
- $2,544,165
- Net increase / (decrease)
- $5,517,263
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $127,926 | $0 | 2023 |
| Orenda Retirement, LLC | CONTRACT ADMINISTRATOR | $12,508 | $15,108 | 2023 |