Who sponsors the Softerware, Inc. 401(K) Profit Sharing Plan And Tr?

Softerware, Inc. 401(K) Profit Sharing Plan And Tr is reported as sponsored by Softerware, Inc. (EIN 23-2212753, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Softerware, Inc. 401(K) Profit Sharing Plan And Tr?

The latest Form 5500 filing year loaded for Softerware, Inc. 401(K) Profit Sharing Plan And Tr is 2023.

How many participants does Softerware, Inc. 401(K) Profit Sharing Plan And Tr report?

Softerware, Inc. 401(K) Profit Sharing Plan And Tr reports 195 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Softerware, Inc. 401(K) Profit Sharing Plan And Tr?

Softerware, Inc. 401(K) Profit Sharing Plan And Tr reports $30,746,942 in end-of-year plan assets in its latest loaded Form 5500 filing.

Softerware, Inc. 401(K) Profit Sharing Plan And Tr — Form 5500 plan (Softerware, 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, Softerware, Inc. 401(K) Profit Sharing Plan And Tr is a benefit plan reported by Softerware, Inc. under EIN 23-2212753 and plan number 001. The latest loaded filing year is 2023. The filing reports 195 participants and $30,746,942 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$30.7MPlan net assets, end of year$30,746,942

Participants195Covered participants reported

Assets / participant$157.7KComputed: assets ÷ participants$157,677 (computed)

Provider compensation$6K1 Schedule C provider row(s)$6,030

Plan sponsor: Softerware, Inc.
EIN: 23-2212753
Plan number: 001
Plan type: 2
Location: Fort Washington, PA
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	195	H, C	20240930094644NAL0005543473001

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)$30.7M total assets

Net assets$30.7MLiabilities$0

Money in vs. money out

Total income / additions$6.8M

Total expenses$3.8M

Benefits paid / distributions$3.8M

Contributions

Employer$431.7K

Participant$1.3M

Full reported line items

Net assets

Total assets (EOY): $30,746,942
Total liabilities (EOY): $0
Net assets (EOY): $30,746,942
Net assets (BOY): $27,732,266

Income & contributions

Employer contributions: $431,718
Participant contributions: $1,288,102
Total contributions: $1,734,873
Total income / additions: $6,815,012

Expenses & distributions

Benefits paid: $3,794,306
Administrative expenses: $6,030
Total expenses: $3,800,336
Net increase / (decrease): $3,014,676

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Alerus Financial, N.A.	NONE	$6,030	$0	2023