Sarakem Employees' Profit Sharing & 401k Plan — Form 5500 plan (Sarakem 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, Sarakem Employees' Profit Sharing & 401k Plan is a benefit plan reported by Sarakem Corporation under EIN 06-1307632 and plan number 001. The latest loaded filing year is 2023. The filing reports 5 participants and $750,454 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sarakem Corporation
- EIN
- 06-1307632
- Plan number
- 001
- Plan type
- 2
- Location
- Hanover, NH
- Latest filing year
- 2023
- Participants
- 5
- End-of-year plan assets
- $750,454
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5 | I | 20240723165503NAL0020356096001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $750,454
- Net assets (EOY)
- $750,454
- Net assets (BOY)
- $1,266,732
Income & contributions
- Employer contributions
- $21,306
- Participant contributions
- $60,000
- Total income / additions
- $117,237
Expenses & distributions
- Benefits paid
- $633,515
- Total expenses
- $633,515
- Net increase / (decrease)
- -$516,278
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.