2023 Form 5500 filing — Cygnus Home Service Retirement Savings 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 20241010192451NAL0036816096001) for Cygnus Home Service Retirement Savings Plan, reported by Cygnus Home Service, LLC under EIN 41-0879087 and plan number 001. It reports 3,794 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010192451NAL0036816096001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cygnus Home Service, LLC
- EIN
- 41-0879087
- Plan number
- 001
- Location
- Marshall, MN
- Participants
- 3,794
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $127,997,137
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $127,997,137
- Employer contributions
- $2,168,201
- Participant contributions
- $5,967,594
- Total income / additions
- $27,728,945
- Benefits paid
- $33,168,396
- Administrative expenses
- $366,050
- Total expenses
- $33,534,616
- Net increase / (decrease)
- -$5,805,671
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $186,167 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $139,358 | not reported in the loaded dataset |
| Hays Financial Group, LLC | INVESTMENT ADVISOR | $25,000 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | ACCOUNTANT/AUDITOR | $15,750 | not reported in the loaded dataset |