2023 Form 5500 filing — Saga Innovations 401(K) 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 20240927054645NAL0001013187001) for Saga Innovations 401(K) Plan, reported by Saga Innovations under EIN 47-2168942 and plan number 001. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927054645NAL0001013187001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Saga Innovations
- EIN
- 47-2168942
- Plan number
- 001
- Location
- Framingham, MA
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,908,305
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,908,305
- Employer contributions
- $198,681
- Participant contributions
- $647,282
- Total income / additions
- $1,218,306
- Benefits paid
- $82,507
- Administrative expenses
- $15,283
- Total expenses
- $169,469
- Net increase / (decrease)
- $1,048,837
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $15,282 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |
| Aig Securities A K A Sagepoint Advi | ADVISOR | $0 | $0 |