2023 Form 5500 filing — Charm Sciences, Inc. 401(K) 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 20241003142131NAL0010659105001) for Charm Sciences, Inc. 401(K) Profit Sharing Plan & Trust, reported by Charm Sciences, Inc. under EIN 04-2635968 and plan number 002. It reports 437 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003142131NAL0010659105001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Charm Sciences, Inc.
- EIN
- 04-2635968
- Plan number
- 002
- Location
- Lawrence, MA
- Participants
- 437
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,424,279
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,424,279
- Employer contributions
- $899,316
- Participant contributions
- $1,814,339
- Total income / additions
- $8,108,991
- Benefits paid
- $1,346,991
- Administrative expenses
- $63,982
- Total expenses
- $1,411,812
- Net increase / (decrease)
- $6,697,179
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $48,119 | not reported in the loaded dataset |
| Charm Sciences Inc | OTHER | $15,438 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | OTHER | $300 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $125 | $0 |