2023 Form 5500 filing — Sila Solutions Group 401(K) 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 20241108142705NAL0011669169001) for Sila Solutions Group 401(K) Profit Sharing Plan, reported by Sila Solutions Group under EIN 20-1131549 and plan number 001. It reports 189 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241108142705NAL0011669169001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sila Solutions Group
- EIN
- 20-1131549
- Plan number
- 001
- Location
- Great Falls, VA
- Participants
- 189
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,357,743
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,357,743
- Employer contributions
- $306,641
- Participant contributions
- $916,229
- Total income / additions
- $5,158,078
- Benefits paid
- $1,177,606
- Administrative expenses
- $57,722
- Total expenses
- $1,235,328
- Net increase / (decrease)
- $3,922,750
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial Corporation | INV ADVISORY - PLAN | $5,228 | $21,165 |
| Global Retirement Partners LLC | INV ADVISORY - PLAN | $17,351 | not reported in the loaded dataset |
| Transamerica Ret. Solutions LLC | RECORDKEEPER | $14,607 | $0 |
| Kaiser Scherer & Schlegel | AUDIT | $13,905 | not reported in the loaded dataset |
| Mesirow Financial, Inc. | INV ADVISORY - PLAN | $1,882 | not reported in the loaded dataset |
| Creative Retirement Systems, Inc. | RECORDKEEPER/TPA | $650 | $507 |