The Arc Of Somerset County, Inc Retirement Plan — Form 5500 plan (The Arc Of Somerset County, 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, The Arc Of Somerset County, Inc Retirement Plan is a benefit plan reported by The Arc Of Somerset County, Inc under EIN 22-1968555 and plan number 005. The latest loaded filing year is 2023. The filing reports 328 participants and $8,871,473 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.9MPlan net assets, end of year$8,871,473
Participants328Covered participants reported
Assets / participant$27KComputed: assets ÷ participants$27,047 (computed)
Provider compensation$64.8K3 Schedule C provider row(s)$64,800
- Plan sponsor
- The Arc Of Somerset County, Inc
- EIN
- 22-1968555
- Plan number
- 005
- Plan type
- 2
- Location
- Manville, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 328 | H, C | 20241011125017NAL0036952752001 |
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)$8.9M total assets
Net assets$8.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,871,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,871,473
- Net assets (BOY)
- $8,488,294
Income & contributions
- Employer contributions
- $391,604
- Participant contributions
- $714,239
- Total contributions
- $1,155,492
- Total income / additions
- $2,413,177
Expenses & distributions
- Benefits paid
- $1,938,516
- Administrative expenses
- $64,801
- Total expenses
- $2,029,998
- Net increase / (decrease)
- $383,179
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.
35%65%
Employer 35%Participant 65%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income80%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $36,154 | $0 | 2023 |
| Principled Advisors, Inc. | INVESTMENT/FINANCIAL ADVI | $21,581 | $0 | 2023 |
| Principled Advisors, Inc. | INVESTMENT/FINANCIAL ADVI | $7,065 | $0 | 2023 |