Sam Ash Music Corporation 401(K) Savings And Retirement Plan — Form 5500 plan (Sam Ash Music Corporation)

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, Sam Ash Music Corporation 401(K) Savings And Retirement Plan is a benefit plan reported by Sam Ash Music Corporation under EIN 11-2313915 and plan number 003. The latest loaded filing year is 2023. The filing reports 981 participants and $39,936,754 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sam Ash Music Corporation
EIN
11-2313915
Plan number
003
Plan type
2
Location
Hicksville, NY
Latest filing year
2023
Participants
981
End-of-year plan assets
$39,936,754

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023981H, C20241016131341NAL0053250720001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$39,936,754
Total liabilities (EOY)
$35,875
Net assets (EOY)
$39,900,879
Net assets (BOY)
$35,566,773

Income & contributions

Participant contributions
$1,730,915
Total contributions
$1,742,443
Total income / additions
$7,677,421

Expenses & distributions

Benefits paid
$3,155,897
Administrative expenses
$186,409
Total expenses
$3,343,315
Net increase / (decrease)
$4,334,106

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRETAINED BY EMPLOYER$95,452$02023
Mmc Securites CorpRETAINED BY EMPLOYER$52,659not reported in the loaded dataset2023
Bdo Usa, LlpRETAINED BY EMPLOYER$33,298not reported in the loaded dataset2023
Compass AdvisorsRETAINED BY EMPLOYER$5,000not reported in the loaded dataset2023

Related Form 5500 pages