2023 Form 5500 filing — Sterling Equities Associates Employees 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 20240925111646NAL0019666304001) for Sterling Equities Associates Employees Retirement Plan, reported by Sterling Equities Associates, LLC. under EIN 13-2749022 and plan number 001. It reports 187 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925111646NAL0019666304001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sterling Equities Associates, LLC.
- EIN
- 13-2749022
- Plan number
- 001
- Location
- Great Neck, NY
- Participants
- 187
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,407,858
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,407,858
- Employer contributions
- $406,128
- Participant contributions
- $2,033,872
- Total income / additions
- $7,316,499
- Benefits paid
- $2,367,538
- Administrative expenses
- -$26,394
- Total expenses
- $2,356,336
- Net increase / (decrease)
- $4,960,163
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mayflower Financial Advisors LLC | CONSULTANT/INVEST ADVISOR | $7,853 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$34,247 | $0 |