2023 Form 5500 filing — Offit Kurman, P.A. 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 20241014123801NAL0026158929001) for Offit Kurman, P.A. 401(K) Profit Sharing Plan, reported by Offit Kurman, P.A. under EIN 52-1518021 and plan number 001. It reports 639 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014123801NAL0026158929001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Offit Kurman, P.A.
- EIN
- 52-1518021
- Plan number
- 001
- Location
- Bethesda, MD
- Participants
- 639
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $80,149,193
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $80,149,193
- Employer contributions
- $1,267,681
- Participant contributions
- $6,028,195
- Total income / additions
- $19,103,124
- Benefits paid
- $7,580,667
- Administrative expenses
- $139,154
- Total expenses
- $7,734,788
- Net increase / (decrease)
- $11,368,336
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp Broker-Dealer | RECORDKEEPER | $67,464 | $0 |
| Kestra Advisory Services | INVESTMENT ADVISOR | $35,820 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $50 | $0 |