61st Street Service Corporation 401(K) Retirement Plan — Form 5500 plan (61st Street Service 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, 61st Street Service Corporation 401(K) Retirement Plan is a benefit plan reported by 61st Street Service Corporation under EIN 13-3236346 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,179 participants and $54,253,319 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$54.2MPlan net assets, end of year$54,246,705
Participants2.2KCovered participants reported2,179
Assets / participant$24.9KComputed: assets ÷ participants$24,898 (computed)
Provider compensation$122.2K2 Schedule C provider row(s)$122,244
Plan sponsor
61st Street Service Corporation
EIN
13-3236346
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,179H, C20241014125405NAL0026194641002
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)$54.3M total assets
Net assets$54.2MLiabilities$6.6K
Money in vs. money out
Total income / additions$13.7M
Total expenses$6M
Benefits paid / distributions$5.9M
Contributions
Employer$2.7M
Participant$3M
Full reported line items

Net assets

Total assets (EOY)
$54,253,319
Total liabilities (EOY)
$6,614
Net assets (EOY)
$54,246,705
Net assets (BOY)
$46,631,060

Income & contributions

Employer contributions
$2,721,685
Participant contributions
$2,992,933
Total contributions
$5,905,623
Total income / additions
$13,665,263

Expenses & distributions

Benefits paid
$5,926,874
Administrative expenses
$122,744
Total expenses
$6,049,618
Net increase / (decrease)
$7,615,645
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.

Contribution share (employer vs. participant)
Employer 48%Participant 52%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$122,244$02023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages