2023 Form 5500 filing — Strategic Funding Source Inc 401k Profit Sharing Plan And Trust
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 20241015081911NAL0014238019001) for Strategic Funding Source Inc 401k Profit Sharing Plan And Trust, reported by Strategic Funding Source Inc. Dba Kapitus under EIN 01-0855279 and plan number 001. It reports 329 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015081911NAL0014238019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Strategic Funding Source Inc. Dba Kapitus
- EIN
- 01-0855279
- Plan number
- 001
- Location
- New York, NY
- Participants
- 329
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,285,365
- Net assets (EOY)
- $12,285,365
- Employer contributions
- $449,822
- Participant contributions
- $2,499,063
- Total income / additions
- $5,146,509
- Benefits paid
- $510,325
- Administrative expenses
- $44,958
- Total expenses
- $555,283
- Net increase / (decrease)
- $4,591,226
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $25,159 | $0 |
| Alliant Retirement Services | ADVISOR | $13,266 | $0 |
| Key Client Fiduciary Advisors LLC | CONSULTANT | $2,926 | not reported in the loaded dataset |
| Strategic Advisors | ADVISOR | not reported in the loaded dataset | not reported in the loaded dataset |