2023 Form 5500 filing — Sigma Engineered Solutions 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 20250224123157NAL0006541491001) for Sigma Engineered Solutions Retirement Plan, reported by Sigma Electric Manufacturing Corporation under EIN 72-0926749 and plan number 003. It reports 560 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250224123157NAL0006541491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sigma Electric Manufacturing Corporation
- EIN
- 72-0926749
- Plan number
- 003
- Location
- Garner, NC
- Participants
- 560
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,439,843
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,439,843
- Employer contributions
- $567,873
- Participant contributions
- $1,306,954
- Total income / additions
- $6,198,079
- Benefits paid
- $3,748,145
- Administrative expenses
- $94,370
- Total expenses
- $3,880,271
- Net increase / (decrease)
- $2,317,808
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $82,270 | $0 |
| Valley Forge Investment Consultants | INVESTMENT ADVISORY | $0 | $41,131 |
| The Mandmarblestone Group LLC | CONTRACT ADMINISTRATOR | $12,100 | $10,219 |