2023 Form 5500 filing — Simmcon Systems, 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 20241014121515NAL0013261699001) for Simmcon Systems, Inc. 401(K) Profit Sharing Plan, reported by Simmcon Systems, Inc. under EIN 81-3458056 and plan number 001. It reports 26 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014121515NAL0013261699001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Simmcon Systems, Inc.
- EIN
- 81-3458056
- Plan number
- 001
- Location
- Duncannon, PA
- Participants
- 26
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,192,746
- Net assets (EOY)
- $1,192,746
- Employer contributions
- $13,053
- Participant contributions
- $38,866
- Total income / additions
- $200,344
- Benefits paid
- $6,831
- Administrative expenses
- $644
- Total expenses
- $7,475
- Net increase / (decrease)
- $192,869
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $936 | $0 |