2023 Form 5500 filing — Aspida Financial Services, LLC 401(K) Profit Sharing Plan And Trust

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 20250325083654NAL0028533202001) for Aspida Financial Services, LLC 401(K) Profit Sharing Plan And Trust, reported by Aspida Financial Services, LLC under EIN 47-4223933 and plan number 001. It reports 195 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)$12.2MReported net assets$12,208,990
Participants195
Provider compensation$70.6K4 Schedule C row(s)$70,613
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250325083654NAL0028533202001
Plan sponsor
Aspida Financial Services, LLC
EIN
47-4223933
Plan number
001
Location
Durham, NC
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)$12.2M total assets
Net assets$12.2MLiabilities$0
Money in vs. money out
Total income / additions$4.3M
Total expenses$4.7M
Benefits paid / distributions$4.6M
Contributions
Employer$801.7K
Participant$1.4M
Full reported line items
Total assets (EOY)
$12,208,990
Total liabilities (EOY)
$0
Net assets (EOY)
$12,208,990
Employer contributions
$801,660
Participant contributions
$1,406,193
Total income / additions
$4,324,727
Benefits paid
$4,574,615
Administrative expenses
$74,363
Total expenses
$4,661,885
Net increase / (decrease)
-$337,158

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life InsuranceCONTRACT ADMINISTRATOR$51,885$0
Ubs Financial Services IncINVESTMENT ADVISOR$18,200not reported in the loaded dataset
Empower Advisory Group, LLCINVESTMENT MGMT$528not reported in the loaded dataset
Empower Annuity Insurance Company ORECORDKEEPER$0$0

Related Form 5500 pages