Xcellent Technology Solutions 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Xcellent Technology Solutions)
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, Xcellent Technology Solutions 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Xcellent Technology Solutions under EIN 20-2899786 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $3,234,569 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Xcellent Technology Solutions
- EIN
- 20-2899786
- Plan number
- 001
- Plan type
- 2
- Location
- Warrenton, VA
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $3,234,569
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20241016123636NAL0015814547001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,234,569
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,234,569
- Net assets (BOY)
- $2,182,230
Income & contributions
- Employer contributions
- $215,720
- Participant contributions
- $514,451
- Total contributions
- $730,171
- Total income / additions
- $1,221,634
Expenses & distributions
- Benefits paid
- $158,652
- Administrative expenses
- $9,409
- Total expenses
- $169,295
- Net increase / (decrease)
- $1,052,339
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $6,574 | not reported in the loaded dataset | 2023 |