2023 Form 5500 filing — Sara 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 20241014104932NAL0013157779001) for Sara 401(K) Profit Sharing Plan, reported by Scientific Applications & Research Associates, Inc. under EIN 95-4223342 and plan number 001. It reports 266 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014104932NAL0013157779001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scientific Applications & Research Associates, Inc.
- EIN
- 95-4223342
- Plan number
- 001
- Location
- Cypress, CA
- Participants
- 266
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,714,206
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,714,206
- Employer contributions
- $1,180,995
- Participant contributions
- $2,347,364
- Total income / additions
- $9,728,034
- Benefits paid
- $3,126,439
- Administrative expenses
- $71,465
- Total expenses
- $3,197,904
- Net increase / (decrease)
- $6,530,130
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,880 | $0 |
| Usi Advisors, Inc. | INVESTMENT ADVISORY | $4,585 | $22,363 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |