2023 Form 5500 filing — Incentive Profit Sharing Plan For Employees Of Sealing Devices Inc.
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 20250711122842NAL0006320097001) for Incentive Profit Sharing Plan For Employees Of Sealing Devices Inc., reported by Sealing Devices Inc. under EIN 16-0902968 and plan number 001. It reports 205 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250711122842NAL0006320097001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sealing Devices Inc.
- EIN
- 16-0902968
- Plan number
- 001
- Location
- Lancaster, NY
- Participants
- 205
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,047,997
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,047,997
- Employer contributions
- $2,129,412
- Participant contributions
- $405,079
- Total income / additions
- $10,858,570
- Benefits paid
- $3,758,689
- Administrative expenses
- $132,998
- Total expenses
- $3,904,761
- Net increase / (decrease)
- $6,953,809
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Forte Capital, LLC | INVESTMENT ADVISOR | $69,233 | not reported in the loaded dataset |
| Pcs Capital LLC | CONTRACT ADMINISTRATOR | $53,765 | not reported in the loaded dataset |
| Lumsden & Mccormick, Llp | AUDITOR | $10,000 | not reported in the loaded dataset |