2023 Form 5500 filing — State Of The Art, Inc. Money Purchase Pension 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 20240923105645NAL0011271889001) for State Of The Art, Inc. Money Purchase Pension Plan, reported by State Of The Art, Inc. under EIN 25-1202653 and plan number 001. It reports 122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923105645NAL0011271889001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- State Of The Art, Inc.
- EIN
- 25-1202653
- Plan number
- 001
- Location
- State College, PA
- Participants
- 122
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,193,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,193,987
- Employer contributions
- $759,296
- Total income / additions
- $4,526,997
- Benefits paid
- $679,925
- Administrative expenses
- $55,858
- Total expenses
- $735,783
- Net increase / (decrease)
- $3,791,214
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $32,338 | $0 |
| Pnc Institutional Asset Management | ADVISOR | $17,086 | not reported in the loaded dataset |
| Newport Trust Company | TRUSTEE | $6,434 | $0 |