2023 Form 5500 filing — Sovereign Healthcare 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 20240930114020NAL0003206723001) for Sovereign Healthcare 401(K) Plan, reported by Sovereign Healthcare Holdings, LLC under EIN 20-0101170 and plan number 001. It reports 4,230 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930114020NAL0003206723001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sovereign Healthcare Holdings, LLC
- EIN
- 20-0101170
- Plan number
- 001
- Location
- Casselberry, FL
- Participants
- 4,230
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,301,885
- Total liabilities (EOY)
- $77,884
- Net assets (EOY)
- $28,224,001
- Participant contributions
- $2,504,055
- Total income / additions
- $6,554,870
- Benefits paid
- $1,643,171
- Administrative expenses
- $138,869
- Total expenses
- $1,782,040
- Net increase / (decrease)
- $4,772,830
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameritas Life Insurance Corp | NONE | $98,066 | not reported in the loaded dataset |
| Bks Financial Investments LLC | NONE | $30,000 | not reported in the loaded dataset |
| Charles Schwab Bank | NONE | $10,803 | $0 |