2023 Form 5500 filing — Sam Ash Music Corporation 401(K) Savings And 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 20241016131341NAL0053250720001) for Sam Ash Music Corporation 401(K) Savings And Retirement Plan, reported by Sam Ash Music Corporation under EIN 11-2313915 and plan number 003. It reports 981 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241016131341NAL0053250720001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sam Ash Music Corporation
- EIN
- 11-2313915
- Plan number
- 003
- Location
- Hicksville, NY
- Participants
- 981
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $39,936,754
- Total liabilities (EOY)
- $35,875
- Net assets (EOY)
- $39,900,879
- Participant contributions
- $1,730,915
- Total income / additions
- $7,677,421
- Benefits paid
- $3,155,897
- Administrative expenses
- $186,409
- Total expenses
- $3,343,315
- Net increase / (decrease)
- $4,334,106
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement Plan Srvcs | RETAINED BY EMPLOYER | $95,452 | $0 |
| Mmc Securites Corp | RETAINED BY EMPLOYER | $52,659 | not reported in the loaded dataset |
| Bdo Usa, Llp | RETAINED BY EMPLOYER | $33,298 | not reported in the loaded dataset |
| Compass Advisors | RETAINED BY EMPLOYER | $5,000 | not reported in the loaded dataset |