2023 Form 5500 filing — Sefar 401(K) 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 20240724090408NAL0007307139001) for Sefar 401(K) Plan, reported by Sefar Inc. under EIN 13-5438420 and plan number 002. It reports 276 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240724090408NAL0007307139001
Filing year
2023
Form type
2
Plan sponsor
Sefar Inc.
EIN
13-5438420
Plan number
002
Location
Depew, NY
Participants
276
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$21,605,368
Total liabilities (EOY)
$23,370
Net assets (EOY)
$21,581,998
Employer contributions
$309,205
Participant contributions
$832,998
Total income / additions
$4,114,368
Benefits paid
$1,019,455
Administrative expenses
$7,299
Total expenses
$1,026,754
Net increase / (decrease)
$3,087,614
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
John Hancock New YorkPLAN RECORDKEEPER$1,452$0

Related Form 5500 pages