Strategic Business Systems, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Strategic Business 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, Strategic Business Systems, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Strategic Business Systems, Inc. under EIN 54-1994992 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $9,827,536 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Strategic Business Systems, Inc.
- EIN
- 54-1994992
- Plan number
- 001
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
- Participants
- 186
- End-of-year plan assets
- $9,827,536
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 186 | H, C | 20240709135044NAL0013680225001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,827,536
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,827,536
- Net assets (BOY)
- $8,522,048
Income & contributions
- Employer contributions
- $59,127
- Participant contributions
- $708,029
- Total contributions
- $1,107,534
- Total income / additions
- $2,512,155
Expenses & distributions
- Benefits paid
- $1,157,894
- Administrative expenses
- $53,319
- Total expenses
- $1,206,667
- Net increase / (decrease)
- $1,305,488
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services, Inc. | INVESTMENT ADVISOR | $25,398 | not reported in the loaded dataset | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $25,239 | $0 | 2023 |
| Benchmark Retirement Plan Svcs | CONTRACT ADMINISTRATOR | $1,700 | $10,000 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Strategic Business Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Chantilly, VA
- Commonwealth Equity Services, Inc. — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Benchmark Retirement Plan Svcs — Schedule C compensation