Plan5500

Sei 401(K) Plan — Form 5500 plan (Synergy Enterprises, Incorporated)

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, Sei 401(K) Plan is a benefit plan reported by Synergy Enterprises, Incorporated under EIN 04-3755253 and plan number 001. The latest loaded filing year is 2023. The filing reports 131 participants and $9,270,997 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Synergy Enterprises, Incorporated
EIN
04-3755253
Plan number
001
Plan type
2
Location
North Bethesda, MD
Latest filing year
2023
Participants
131
End-of-year plan assets
$9,270,997

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023131H, C20241014181434NAL0028063889001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,270,997
Total liabilities (EOY)
$0
Net assets (EOY)
$9,270,997
Net assets (BOY)
$7,514,474

Income & contributions

Employer contributions
$226,329
Participant contributions
$759,876
Total contributions
$1,283,051
Total income / additions
$2,541,622

Expenses & distributions

Benefits paid
$730,156
Administrative expenses
$54,943
Total expenses
$785,099
Net increase / (decrease)
$1,756,523

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$54,942$02023
Raymond James Fin Svcs AdvisorsINVESTMENT ADVISORY$0$28,4692023

Related Form 5500 pages