Plan5500

Sovena Usa 401(K) & Profit Sharing Plan — Form 5500 plan (Sovena Usa, 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, Sovena Usa 401(K) & Profit Sharing Plan is a benefit plan reported by Sovena Usa, Inc. under EIN 16-1397516 and plan number 001. The latest loaded filing year is 2023. The filing reports 191 participants and $11,754,128 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sovena Usa, Inc.
EIN
16-1397516
Plan number
001
Plan type
2
Location
Rome, NY
Latest filing year
2023
Participants
191
End-of-year plan assets
$11,754,128

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023191H, C20241002101605NAL0003943379001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,754,128
Total liabilities (EOY)
$0
Net assets (EOY)
$11,754,128
Net assets (BOY)
$9,662,303

Income & contributions

Employer contributions
$418,817
Participant contributions
$495,493
Total contributions
$964,630
Total income / additions
$2,614,989

Expenses & distributions

Benefits paid
$452,094
Administrative expenses
$50,876
Total expenses
$523,164
Net increase / (decrease)
$2,091,825

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$26,472not reported in the loaded dataset2023
Hazard & Siegel IncADVISOR$24,404not reported in the loaded dataset2023

Related Form 5500 pages