Sofie Network 401(K) Plan — Form 5500 plan (Sofie Network 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, Sofie Network 401(K) Plan is a benefit plan reported by Sofie Network Inc. under EIN 82-1041795 and plan number 002. The latest loaded filing year is 2023. The filing reports 455 participants and $20,554,509 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sofie Network Inc.
- EIN
- 82-1041795
- Plan number
- 002
- Plan type
- 2
- Location
- Dulles, VA
- Latest filing year
- 2023
- Participants
- 455
- End-of-year plan assets
- $20,554,509
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 455 | H, C | 20241015103611NAL0029271697001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,554,509
- Total liabilities (EOY)
- $46,154
- Net assets (EOY)
- $20,508,355
- Net assets (BOY)
- $17,176,106
Income & contributions
- Employer contributions
- $661,171
- Participant contributions
- $2,127,847
- Total contributions
- $3,144,830
- Total income / additions
- $6,090,508
Expenses & distributions
- Benefits paid
- $2,670,146
- Administrative expenses
- $73,757
- Total expenses
- $2,758,259
- Net increase / (decrease)
- $3,332,249
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mcgriff Insurance | INVESTMENT ADVISORY | $36,256 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,929 | $0 | 2023 |