Plan5500

Sara 401(K) Profit Sharing Plan — Form 5500 plan (Scientific Applications & Research Associates, 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, Sara 401(K) Profit Sharing Plan is a benefit plan reported by Scientific Applications & Research Associates, Inc. under EIN 95-4223342 and plan number 001. The latest loaded filing year is 2023. The filing reports 266 participants and $35,714,206 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Scientific Applications & Research Associates, Inc.
EIN
95-4223342
Plan number
001
Plan type
2
Location
Cypress, CA
Latest filing year
2023
Participants
266
End-of-year plan assets
$35,714,206

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023266H, C20241014104932NAL0013157779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$35,714,206
Total liabilities (EOY)
$0
Net assets (EOY)
$35,714,206
Net assets (BOY)
$29,184,076

Income & contributions

Employer contributions
$1,180,995
Participant contributions
$2,347,364
Total contributions
$4,389,234
Total income / additions
$9,728,034

Expenses & distributions

Benefits paid
$3,126,439
Administrative expenses
$71,465
Total expenses
$3,197,904
Net increase / (decrease)
$6,530,130

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$66,880$02023
Usi Advisors, Inc.INVESTMENT ADVISORY$4,585$22,3632023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages