2023 Form 5500 filing — Xcellent Technology Solutions 401(K) Profit Sharing Plan & 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 20241016123636NAL0015814547001) for Xcellent Technology Solutions 401(K) Profit Sharing Plan & Trust, reported by Xcellent Technology Solutions under EIN 20-2899786 and plan number 001. It reports 145 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241016123636NAL0015814547001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Xcellent Technology Solutions
- EIN
- 20-2899786
- Plan number
- 001
- Location
- Warrenton, VA
- Participants
- 145
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,234,569
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,234,569
- Employer contributions
- $215,720
- Participant contributions
- $514,451
- Total income / additions
- $1,221,634
- Benefits paid
- $158,652
- Administrative expenses
- $9,409
- Total expenses
- $169,295
- Net increase / (decrease)
- $1,052,339
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $6,574 | not reported in the loaded dataset |