2023 Form 5500 filing — Clearedge It Solutions, LLC 401(K) P/S 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 20241015132837NAL0029787409001) for Clearedge It Solutions, LLC 401(K) P/S Plan, reported by Clearedge It Solutions, LLC under EIN 42-1551459 and plan number 001. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132837NAL0029787409001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Clearedge It Solutions, LLC
- EIN
- 42-1551459
- Plan number
- 001
- Location
- Jessup, MD
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,301,509
- Total liabilities (EOY)
- $19,523
- Net assets (EOY)
- $21,281,986
- Employer contributions
- $971,742
- Participant contributions
- $775,729
- Total income / additions
- $5,515,705
- Benefits paid
- $1,458,816
- Administrative expenses
- $64,403
- Total expenses
- $1,535,657
- Net increase / (decrease)
- $3,980,048
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Commonwealth Equity Services, Inc. | INVESTMENT ADVISOR | $27,162 | not reported in the loaded dataset |
| Coastal Pension Services, Inc | CONTRACT ADMINISTRATOR | $2,690 | $10,000 |
| Empower Annuity Ins Co Of America | RECORD KEEPER | $2,528 | $0 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $1,497 | not reported in the loaded dataset |