Plan5500

Sears Contract, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Sears Contract, 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, Sears Contract, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Sears Contract, Inc. under EIN 56-1909919 and plan number 001. The latest loaded filing year is 2023. The filing reports 161 participants and $7,698,719 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sears Contract, Inc.
EIN
56-1909919
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
161
End-of-year plan assets
$7,698,719

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023161H, C20240813145856NAL0010575521001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,698,719
Net assets (EOY)
$7,698,719
Net assets (BOY)
$6,087,416

Income & contributions

Employer contributions
$347,083
Participant contributions
$462,107
Total contributions
$809,190
Total income / additions
$1,919,047

Expenses & distributions

Benefits paid
$283,510
Administrative expenses
$24,234
Total expenses
$307,744
Net increase / (decrease)
$1,611,303

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gordon Asset ManagementINVESTMENT ADVISOR$20,150not reported in the loaded dataset2023

Related Form 5500 pages