2023 Form 5500 filing — Schc Companies, Inc. 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 20241015141003NAL0058042626001) for Schc Companies, Inc. Profit Sharing Plan, reported by Schc Companies, Inc. under EIN 22-2943771 and plan number 001. It reports 259 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015141003NAL0058042626001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schc Companies, Inc.
- EIN
- 22-2943771
- Plan number
- 001
- Location
- Syracuse, NY
- Participants
- 259
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,739,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,739,969
- Employer contributions
- $489,212
- Total income / additions
- $892,777
- Benefits paid
- $578,810
- Administrative expenses
- $30,232
- Total expenses
- $609,042
- Net increase / (decrease)
- $283,735
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Everen Capital Corporation | INVESTMENT ADVISOR | $7,461 | $0 |
| Admin Partners LLC | CONTRACT ADMIN | $600 | $1,490 |
| Empower Life & Annuity Insurance | not reported in the loaded dataset | not reported in the loaded dataset | not reported in the loaded dataset |