2023 Form 5500 filing — Fernando Sumaza & Co, Inc And Affiliates 401k 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 20250123162305NAL0006905121001) for Fernando Sumaza & Co, Inc And Affiliates 401k Retirement Plan, reported by Fernando Sumaza & Co, Inc And Affil Iates under EIN 66-0392250 and plan number 001. It reports 118 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250123162305NAL0006905121001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fernando Sumaza & Co, Inc And Affil Iates
- EIN
- 66-0392250
- Plan number
- 001
- Location
- Mayaguez, PR
- Participants
- 118
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $376,902
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $376,902
- Participant contributions
- $48,099
- Total income / additions
- $96,880
- Benefits paid
- $68,499
- Administrative expenses
- $5,524
- Total expenses
- $75,097
- Net increase / (decrease)
- $21,783
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $4,880 | $0 |
| Cetera Advisor Networks LLC | BROKER/ADVISER | $0 | $2,380 |
| Empower Advisory Group LLC | INVESTMENT MANAGEMENT | $743 | not reported in the loaded dataset |
| Envestnet Retirement Solutions, LLC | INVESTMENT ADVISOR | $176 | not reported in the loaded dataset |
| Pension Plus Inc | CONTRACT ADMIN | $0 | $174 |