Sterling Employee Savings Plan — Form 5500 plan (Sterling Corporation)
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, Sterling Employee Savings Plan is a benefit plan reported by Sterling Corporation under EIN 04-2890273 and plan number 001. The latest loaded filing year is 2023. The filing reports 208 participants and $16,859,043 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sterling Corporation
- EIN
- 04-2890273
- Plan number
- 001
- Plan type
- 2
- Location
- Billerica, MA
- Latest filing year
- 2023
- Participants
- 208
- End-of-year plan assets
- $16,859,043
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 208 | H, C | 20240812153136NAL0009624673001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,859,043
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,859,043
- Net assets (BOY)
- $15,191,666
Income & contributions
- Employer contributions
- $101,216
- Participant contributions
- $809,182
- Total contributions
- $922,852
- Total income / additions
- $2,788,020
Expenses & distributions
- Benefits paid
- $958,633
- Administrative expenses
- $123,333
- Total expenses
- $1,120,643
- Net increase / (decrease)
- $1,667,377
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| New England Pension Plan Systems, L | 0 | $51,411 | not reported in the loaded dataset | 2023 |
| Sergio Decurtis | 0 | $24,919 | not reported in the loaded dataset | 2023 |
| New England Pension Plan Systems,L | 0 | $19,935 | not reported in the loaded dataset | 2023 |
| New England Investment Consultants | 0 | $13,290 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | 0 | $11,629 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sterling Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Billerica, MA
- New England Pension Plan Systems, L — Schedule C compensation
- Sergio Decurtis — Schedule C compensation
- New England Investment Consultants — Schedule C compensation
- Matrix Trust Company — Schedule C compensation