Servefed, Inc. 401(K) Plan — Form 5500 plan (Servefed, 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, Servefed, Inc. 401(K) Plan is a benefit plan reported by Servefed, Inc. under EIN 46-1556834 and plan number 001. The latest loaded filing year is 2023. The filing reports 449 participants and $4,507,907 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.5MPlan net assets, end of year$4,507,907
Participants449Covered participants reported
Assets / participant$10KComputed: assets ÷ participants$10,040 (computed)
Provider compensation$55.5K4 Schedule C provider row(s)$55,480
Plan sponsor
Servefed, Inc.
EIN
46-1556834
Plan number
001
Plan type
2
Location
Germantown, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023449H, C20241011085036NAL0010742755001
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)$4.5M total assets
Net assets$4.5MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$493.5K
Benefits paid / distributions$438K
Contributions
Employer$70.7K
Participant$822.8K
Full reported line items

Net assets

Total assets (EOY)
$4,507,907
Total liabilities (EOY)
$0
Net assets (EOY)
$4,507,907
Net assets (BOY)
$3,483,867

Income & contributions

Employer contributions
$70,662
Participant contributions
$822,803
Total contributions
$917,343
Total income / additions
$1,517,523

Expenses & distributions

Benefits paid
$438,004
Administrative expenses
$55,479
Total expenses
$493,483
Net increase / (decrease)
$1,024,040
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.

Contribution share (employer vs. participant)
Employer 8%Participant 92%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard GroupRECORDKEEPER$22,838not reported in the loaded dataset2023
Lpl Financial RpcpFINANCIAL ADVISOR$19,197not reported in the loaded dataset2023
Retirement Planners & AdminCONTRACT ADMIN$8,295not reported in the loaded dataset2023
401kinaboxCONTRACT ADMINISTRATOR$5,150not reported in the loaded dataset2023

Related Form 5500 pages