Simple Management Group Inc. 401(K) Plan — Form 5500 plan (Simple Management Group 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, Simple Management Group Inc. 401(K) Plan is a benefit plan reported by Simple Management Group Inc under EIN 85-3924667 and plan number 001. The latest loaded filing year is 2023. The filing reports 241 participants and $2,156,626 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Simple Management Group Inc
- EIN
- 85-3924667
- Plan number
- 001
- Plan type
- 2
- Location
- Maitland, FL
- Latest filing year
- 2023
- Participants
- 241
- End-of-year plan assets
- $2,156,626
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 241 | H, C | 20250219114629NAL0004051969001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,156,626
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,156,626
- Net assets (BOY)
- $1,146,667
Income & contributions
- Employer contributions
- $190,347
- Participant contributions
- $428,006
- Total contributions
- $805,577
- Total income / additions
- $1,056,930
Expenses & distributions
- Benefits paid
- $411,409
- Administrative expenses
- $35,402
- Total expenses
- $446,811
- Net increase / (decrease)
- $610,119
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vestwell | RECORDKEEPER | $30,849 | not reported in the loaded dataset | 2023 |