2023 Form 5500 filing — Scientific Design Company, Inc. Savings 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 20241015111238NAL0029361953001) for Scientific Design Company, Inc. Savings Plan, reported by Scientific Design Company, Inc. under EIN 74-2456494 and plan number 001. It reports 217 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111238NAL0029361953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scientific Design Company, Inc.
- EIN
- 74-2456494
- Plan number
- 001
- Location
- Little Ferry, NJ
- Participants
- 217
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $62,281,198
- Total liabilities (EOY)
- $50,196
- Net assets (EOY)
- $62,231,002
- Employer contributions
- $1,296,839
- Participant contributions
- $1,746,533
- Total income / additions
- $13,659,549
- Benefits paid
- $6,071,119
- Administrative expenses
- $29,510
- Total expenses
- $6,105,676
- Net increase / (decrease)
- $7,553,873
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Capital Group LLC | INVESTMENT ADVISOR | $28,696 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |
| Scientific Design Company, Inc | OTHER | $0 | not reported in the loaded dataset |