2023 Form 5500 filing — Sorenson Communications, LLC. 401(K) 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 20240912114110NAL0018807010001) for Sorenson Communications, LLC. 401(K) Profit Sharing Plan, reported by Sorenson Communications LLC. under EIN 87-0650555 and plan number 001. It reports 13,732 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912114110NAL0018807010001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sorenson Communications LLC.
- EIN
- 87-0650555
- Plan number
- 001
- Location
- Salt Lake City, UT
- Participants
- 13,732
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $275,155,811
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $275,155,811
- Employer contributions
- $13,152,100
- Participant contributions
- $18,699,637
- Total income / additions
- $71,406,471
- Benefits paid
- $36,891,415
- Administrative expenses
- $148,736
- Total expenses
- $37,058,768
- Net increase / (decrease)
- $34,347,703
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $148,761 | $0 |