2023 Form 5500 filing — Exela 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 20240826085057NAL0019142002001) for Exela 401(K) Plan, reported by Sourcehov, LLC under EIN 26-2270219 and plan number 001. It reports 9,833 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240826085057NAL0019142002001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sourcehov, LLC
- EIN
- 26-2270219
- Plan number
- 001
- Location
- Irving, TX
- Participants
- 9,833
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $332,677,445
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $332,677,445
- Participant contributions
- $15,516,504
- Total income / additions
- $63,494,240
- Benefits paid
- $51,495,069
- Administrative expenses
- $592,553
- Total expenses
- $52,102,219
- Net increase / (decrease)
- $11,392,021
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $515,050 | $0 |
| Ubs Financial Service | INV ADV, PARTICIPANTS | $61,168 | not reported in the loaded dataset |
| Sutton Frost Cary, Llp | ACCOUNTANT | $16,021 | not reported in the loaded dataset |