2023 Form 5500 filing — Scientific Specialties, Inc. 401(K) Profit Sharing 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 20241003181428NAL0017772304001) for Scientific Specialties, Inc. 401(K) Profit Sharing Plan, reported by Scientific Specialties, Inc. under EIN 68-0212062 and plan number 001. It reports 196 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003181428NAL0017772304001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scientific Specialties, Inc.
- EIN
- 68-0212062
- Plan number
- 001
- Location
- Lodi, CA
- Participants
- 196
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,842,577
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,842,577
- Employer contributions
- $844,993
- Participant contributions
- $619,995
- Total income / additions
- $2,700,740
- Benefits paid
- $1,419,432
- Administrative expenses
- $12,599
- Total expenses
- $1,451,687
- Net increase / (decrease)
- $1,249,053
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stifel Nicolaus & Co Inc | BROKER/ADVISER | $0 | $19,917 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,522 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $3,077 | $0 |