2023 Form 5500 filing — Clarity Software Solutions 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 20241010082125NAL0033591072001) for Clarity Software Solutions 401(K) Profit Sharing Plan, reported by Clarity Software Solutions, Inc. under EIN 26-0285679 and plan number 001. It reports 317 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$19.8MReported net assets$19,763,891
Participants317
Provider compensation$5.4K2 Schedule C row(s)$5,446
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010082125NAL0033591072001
Plan sponsor
Clarity Software Solutions, Inc.
EIN
26-0285679
Plan number
001
Location
Madison, CT
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19.8M total assets
Net assets$19.8MLiabilities
Money in vs. money out
Total income / additions$5.1M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$739.7K
Participant$1.8M
Full reported line items
Total assets (EOY)
$19,763,891
Net assets (EOY)
$19,763,891
Employer contributions
$739,745
Participant contributions
$1,758,477
Total income / additions
$5,147,284
Benefits paid
$1,241,846
Administrative expenses
$86,955
Total expenses
$1,328,801
Net increase / (decrease)
$3,818,483

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Wilshire Associates Inc(Usa)INVESTMENT ADVISOR$3,542not reported in the loaded dataset
John Hancock Life Insurance CompanyRECORDKEEPER$1,904not reported in the loaded dataset

Related Form 5500 pages