Sefar 401(K) Plan — Form 5500 plan (Sefar 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, Sefar 401(K) Plan is a benefit plan reported by Sefar Inc. under EIN 13-5438420 and plan number 002. The latest loaded filing year is 2023. The filing reports 276 participants and $21,605,368 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sefar Inc.
- EIN
- 13-5438420
- Plan number
- 002
- Plan type
- 2
- Location
- Depew, NY
- Latest filing year
- 2023
- Participants
- 276
- End-of-year plan assets
- $21,605,368
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 276 | H, C | 20240724090408NAL0007307139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,605,368
- Total liabilities (EOY)
- $23,370
- Net assets (EOY)
- $21,581,998
- Net assets (BOY)
- $18,494,384
Income & contributions
- Employer contributions
- $309,205
- Participant contributions
- $832,998
- Total contributions
- $1,303,216
- Total income / additions
- $4,114,368
Expenses & distributions
- Benefits paid
- $1,019,455
- Administrative expenses
- $7,299
- Total expenses
- $1,026,754
- Net increase / (decrease)
- $3,087,614
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock New York | PLAN RECORDKEEPER | $1,452 | $0 | 2023 |