Software Ag Usa, Inc. Profit Sharing Plan — Form 5500 plan (Sag, LLC.)

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, Software Ag Usa, Inc. Profit Sharing Plan is a benefit plan reported by Sag, LLC. under EIN 54-1807654 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,113 participants and $254,791,562 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$254.8MPlan net assets, end of year$254,791,562
Participants1.1KCovered participants reported1,113
Assets / participant$228.9KComputed: assets ÷ participants$228,923 (computed)
Provider compensation$164.1K3 Schedule C provider row(s)$164,094
Plan sponsor
Sag, LLC.
EIN
54-1807654
Plan number
001
Plan type
2
Location
Reston, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,113H, C20241011154005NAL0023136769001
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)$254.8M total assets
Net assets$254.8MLiabilities$0
Money in vs. money out
Total income / additions$50.2M
Total expenses$22.9M
Benefits paid / distributions$22.7M
Contributions
Employer$4.2M
Participant$8.3M
Full reported line items

Net assets

Total assets (EOY)
$254,791,562
Total liabilities (EOY)
$0
Net assets (EOY)
$254,791,562
Net assets (BOY)
$227,481,435

Income & contributions

Employer contributions
$4,190,897
Participant contributions
$8,262,841
Total contributions
$14,265,523
Total income / additions
$50,231,218

Expenses & distributions

Benefits paid
$22,738,743
Administrative expenses
$162,819
Total expenses
$22,921,091
Net increase / (decrease)
$27,310,127
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 34%Participant 66%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners, LLCINVESTMENT ADVISOR$88,318not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$46,486$02023
Belfint Lyons & Shuman P.AACCOUNTANT/CONSULTANT$29,290not reported in the loaded dataset2023

Related Form 5500 pages