2023 Form 5500 filing — Scientific Consulting Group, Inc. Profit Sharing Plan & Trust
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 20240925092702NAL0014062961001) for Scientific Consulting Group, Inc. Profit Sharing Plan & Trust, reported by Scientific Consulting Group, Inc. under EIN 52-1719423 and plan number 001. It reports 138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925092702NAL0014062961001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scientific Consulting Group, Inc.
- EIN
- 52-1719423
- Plan number
- 001
- Location
- Gaithersburg, MD
- Participants
- 138
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,107,167
- Total liabilities (EOY)
- $747
- Net assets (EOY)
- $19,106,420
- Employer contributions
- $1,278,737
- Participant contributions
- $593,651
- Total income / additions
- $4,520,845
- Benefits paid
- $687,654
- Administrative expenses
- $23,913
- Total expenses
- $711,567
- Net increase / (decrease)
- $3,809,278
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mn Blum LLC | AUDIT | $15,000 | not reported in the loaded dataset |
| Jm Pension Advisory, Inc. | RECORDKEEPER | $7,733 | not reported in the loaded dataset |
| Transamerica Life Insurance | RECORDKEEPER | $1,180 | $0 |