Somfy Systems, Inc. Employees Profit Sharing Plan — Form 5500 plan (Somfy Systems, 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, Somfy Systems, Inc. Employees Profit Sharing Plan is a benefit plan reported by Somfy Systems, Inc. under EIN 22-2182262 and plan number 002. The latest loaded filing year is 2023. The filing reports 151 participants and $34,676,621 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$34.7MPlan net assets, end of year$34,676,530
Participants151Covered participants reported
Assets / participant$229.6KComputed: assets ÷ participants$229,646 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
- Plan sponsor
- Somfy Systems, Inc.
- EIN
- 22-2182262
- Plan number
- 002
- Plan type
- 2
- Location
- Dayton, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 151 | H, C | 20240903131551NAL0009207363001 |
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)$34.7M total assets
Net assets$34.7MLiabilities$91
Full reported line items
Net assets
- Total assets (EOY)
- $34,676,621
- Total liabilities (EOY)
- $91
- Net assets (EOY)
- $34,676,530
- Net assets (BOY)
- $28,882,827
Income & contributions
- Employer contributions
- $1,209,772
- Participant contributions
- $1,312,799
- Total contributions
- $2,621,972
- Total income / additions
- $7,904,924
Expenses & distributions
- Benefits paid
- $2,114,620
- Administrative expenses
- -$3,399
- Total expenses
- $2,111,221
- Net increase / (decrease)
- $5,793,703
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.
48%52%
Employer 48%Participant 52%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | -$3,399 | $0 | 2023 |