2023 Form 5500 filing — Signet Electronic Systems 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 20250521093526NAL0001741441001) for Signet Electronic Systems 401(K) Plan, reported by Signet Electronic Systems, LLC under EIN 04-2547398 and plan number 001. It reports 198 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250521093526NAL0001741441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Signet Electronic Systems, LLC
- EIN
- 04-2547398
- Plan number
- 001
- Location
- Norwell, MA
- Participants
- 198
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,719,318
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,719,318
- Employer contributions
- $383,876
- Participant contributions
- $1,194,096
- Total income / additions
- $6,022,724
- Benefits paid
- $1,518,492
- Administrative expenses
- $96,277
- Total expenses
- $1,614,769
- Net increase / (decrease)
- $4,407,955
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisory Services LLC | INVESTMENT ADVISOR | $49,363 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $29,155 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $16,663 | not reported in the loaded dataset |
| The Angell Pension Group, Inc. | CONTRACT ADMIN | $0 | $10,000 |