Sommer Udall Law Firm 401(K) Profit Sharing Plan — Form 5500 plan (Sommer Udall Law Firm, P.A.)
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, Sommer Udall Law Firm 401(K) Profit Sharing Plan is a benefit plan reported by Sommer Udall Law Firm, P.A. under EIN 85-0216342 and plan number 001. The latest loaded filing year is 2023. The filing reports 22 participants and $10,467,514 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sommer Udall Law Firm, P.A.
- EIN
- 85-0216342
- Plan number
- 001
- Plan type
- 2
- Location
- Santa Fe, NM
- Latest filing year
- 2023
- Participants
- 22
- End-of-year plan assets
- $10,467,514
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 22 | I | 20240404214609NAL0020801616001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,467,514
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,467,514
- Net assets (BOY)
- $10,191,302
Income & contributions
- Employer contributions
- $322,451
- Participant contributions
- $160,005
- Total income / additions
- $1,736,015
Expenses & distributions
- Benefits paid
- $1,430,883
- Administrative expenses
- $0
- Total expenses
- $1,459,803
- Net increase / (decrease)
- $276,212
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.