2023 Form 5500 filing — Software Specialists, Inc. 401(K) 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 20241204153215NAL0004020657001) for Software Specialists, Inc. 401(K) Plan, reported by Software Specialists, Inc. under EIN 25-1643937 and plan number 001. It reports 460 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$8.3MReported net assets$8,250,976
Participants460
Provider compensation$24.4K2 Schedule C row(s)$24,440
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241204153215NAL0004020657001
- Plan sponsor
- Software Specialists, Inc.
- EIN
- 25-1643937
- Plan number
- 001
- Location
- Cranberry Township, PA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities—
Full reported line items
- Total assets (EOY)
- $8,250,976
- Net assets (EOY)
- $8,250,976
- Employer contributions
- $185,000
- Participant contributions
- $959,728
- Total income / additions
- $2,555,968
- Benefits paid
- $1,912,879
- Administrative expenses
- $10,469
- Total expenses
- $1,923,348
- Net increase / (decrease)
- $632,620
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwest Savings Bank | TRUSTEE, UNRELATED | $24,440 | not reported in the loaded dataset |
| Definiti | NONE | $0 | not reported in the loaded dataset |