Sai360 401(K) Savings Plan — Form 5500 plan (Sai360 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, Sai360 401(K) Savings Plan is a benefit plan reported by Sai360 Inc. under EIN 73-1688805 and plan number 001. The latest loaded filing year is 2023. The filing reports 494 participants and $51,680,333 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$51.7MPlan net assets, end of year$51,680,333
Participants494Covered participants reported
Assets / participant$104.6KComputed: assets ÷ participants$104,616 (computed)
Provider compensation$98.9K2 Schedule C provider row(s)$98,873
Plan sponsor
Sai360 Inc.
EIN
73-1688805
Plan number
001
Plan type
2
Location
Chicago, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023494H, C20240513104158NAL0054458176001
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)$51.7M total assets
Net assets$51.7MLiabilities$0
Money in vs. money out
Total income / additions$13M
Total expenses$8.9M
Benefits paid / distributions$8.7M
Contributions
Employer$1.3M
Participant$2.8M
Full reported line items

Net assets

Total assets (EOY)
$51,680,333
Total liabilities (EOY)
$0
Net assets (EOY)
$51,680,333
Net assets (BOY)
$47,543,794

Income & contributions

Employer contributions
$1,250,933
Participant contributions
$2,774,330
Total contributions
$4,406,934
Total income / additions
$12,994,367

Expenses & distributions

Benefits paid
$8,727,441
Administrative expenses
$130,387
Total expenses
$8,857,828
Net increase / (decrease)
$4,136,539
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 31%Participant 69%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income67%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Northwestern Mutual Wealth Mgmt CoADVISOR$73,436not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$25,437$02023

Related Form 5500 pages