The Sarah A. Reed Retirement Center 401(K) Savings Plan — Form 5500 plan (Sarah A Reed Retirement Center)
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 Sarah A. Reed Retirement Center 401(K) Savings Plan is a benefit plan reported by Sarah A Reed Retirement Center under EIN 25-1215527 and plan number 006. The latest loaded filing year is 2023. The filing reports 223 participants and $3,029,405 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sarah A Reed Retirement Center
- EIN
- 25-1215527
- Plan number
- 006
- Plan type
- 2
- Location
- Erie, PA
- Latest filing year
- 2023
- Participants
- 223
- End-of-year plan assets
- $3,029,405
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 223 | H, C | 20250220075540NAL0004063747001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,029,405
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,029,405
- Net assets (BOY)
- $3,358,250
Income & contributions
- Employer contributions
- $71,878
- Participant contributions
- $241,322
- Total contributions
- $313,200
- Total income / additions
- $781,213
Expenses & distributions
- Benefits paid
- $1,091,310
- Administrative expenses
- $18,748
- Total expenses
- $1,110,058
- Net increase / (decrease)
- -$328,845
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwest Bank | TRUSTEE, UNRELATED | $15,017 | not reported in the loaded dataset | 2023 |