Simona America Group 401(K) Profit Sharing Plan — Form 5500 plan (Simona America Group Inc.)
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, Simona America Group 401(K) Profit Sharing Plan is a benefit plan reported by Simona America Group Inc. under EIN 13-4269250 and plan number 001. The latest loaded filing year is 2023. The filing reports 354 participants and $19,950,512 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Simona America Group Inc.
- EIN
- 13-4269250
- Plan number
- 001
- Plan type
- 2
- Location
- Archbald, PA
- Latest filing year
- 2023
- Participants
- 354
- End-of-year plan assets
- $19,950,512
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 354 | H, C | 20241011132022NAL0010956499001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,950,512
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,950,512
- Net assets (BOY)
- $15,508,566
Income & contributions
- Employer contributions
- $1,047,109
- Participant contributions
- $1,446,790
- Total contributions
- $2,625,944
- Total income / additions
- $5,386,313
Expenses & distributions
- Benefits paid
- $880,271
- Administrative expenses
- $56,825
- Total expenses
- $944,367
- Net increase / (decrease)
- $4,441,946
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $32,315 | not reported in the loaded dataset | 2023 |
| Ritholtz Wealth Management LLC | ADVISOR | $24,510 | not reported in the loaded dataset | 2023 |