2023 Form 5500 filing — Step Forward 403(B) Retirement 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 20241015105854NAL0016190131001) for Step Forward 403(B) Retirement Plan, reported by Step Forward under EIN 34-0965350 and plan number 002. It reports 484 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015105854NAL0016190131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Step Forward
- EIN
- 34-0965350
- Plan number
- 002
- Location
- Cleveland, OH
- Participants
- 484
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,932,721
- Total liabilities (EOY)
- $103
- Net assets (EOY)
- $21,932,618
- Employer contributions
- $1,230,910
- Participant contributions
- $620,969
- Total income / additions
- $4,201,756
- Benefits paid
- $2,289,446
- Administrative expenses
- $24,010
- Total expenses
- $2,313,456
- Net increase / (decrease)
- $1,888,300
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $24,604 | $0 |
| M2b Retirement Consulting, LLC | OTHER SERVICES | $0 | $5,283 |