2023 Form 5500 filing — Scarc, Inc. Retirement 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 20240828135029NAL0012194993006) for Scarc, Inc. Retirement Plan, reported by Scarc, Inc under EIN 22-1775304 and plan number 001. It reports 255 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240828135029NAL0012194993006
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scarc, Inc
- EIN
- 22-1775304
- Plan number
- 001
- Location
- Augusta, NJ
- Participants
- 255
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,578,119
- Net assets (EOY)
- $8,578,119
- Employer contributions
- $529,767
- Participant contributions
- $333,560
- Total income / additions
- $2,342,330
- Benefits paid
- $3,435,803
- Administrative expenses
- $58,451
- Total expenses
- $3,494,254
- Net increase / (decrease)
- -$1,151,924
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $47,463 | $155 |
| Lpl Financial LLC | INVESTMENT ADVISOR | not reported in the loaded dataset | $13,181 |
| Intac Actuarial Services Inc | TPA | $4,800 | $4,868 |
| Iron-Co-Fid-Index-Comprehensive | not reported in the loaded dataset | $5,306 | not reported in the loaded dataset |