Sumaria Systems, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Sumaria Systems, LLC)
Plain-English plan 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, Sumaria Systems, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Sumaria Systems, LLC under EIN 04-2770369 and plan number 001. The latest loaded filing year is 2023. The filing reports 594 participants and $35,851,111 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sumaria Systems, LLC
- EIN
- 04-2770369
- Plan number
- 001
- Plan type
- 2
- Location
- Peabody, MA
- Latest filing year
- 2023
- Participants
- 594
- End-of-year plan assets
- $35,851,111
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 594 | H, C | 20241002161053NAL0009117585001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,851,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,851,111
- Net assets (BOY)
- $28,961,820
Income & contributions
- Employer contributions
- $986,775
- Participant contributions
- $3,989,533
- Total contributions
- $5,630,229
- Total income / additions
- $11,294,860
Expenses & distributions
- Benefits paid
- $4,315,588
- Administrative expenses
- $86,490
- Total expenses
- $4,405,569
- Net increase / (decrease)
- $6,889,291
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $45,371 | $0 | 2023 |
| Global Retirement Partners LLC | ADVISOR | $24,214 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $16,905 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sumaria Systems, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Peabody, MA
- Fidelity Investments Institutional — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation