2023 Form 5500 filing — Yusen Associates, Inc. Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240521130328NAL0004906784001) for Yusen Associates, Inc. Profit Sharing Plan, reported by Yusen Associates, Inc. under EIN 04-3459585 and plan number 001. It reports 158 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240521130328NAL0004906784001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Yusen Associates, Inc.
- EIN
- 04-3459585
- Plan number
- 001
- Location
- Burlington, MA
- Participants
- 158
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,543,173
- Net assets (EOY)
- $13,543,173
- Employer contributions
- $371,034
- Participant contributions
- $1,227,895
- Total income / additions
- $3,625,461
- Benefits paid
- $1,124,848
- Administrative expenses
- $80,232
- Total expenses
- $1,205,080
- Net increase / (decrease)
- $2,420,381
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $50,209 | $0 |
| Empower Annuity Ins Company Of Amer | RECORDKEEPER | $29,373 | $0 |
| Nbt Bank Na Dba Third Party Adminis | CONTRACT ADMIN | $650 | $10,000 |