Scs Direct 401(K) Plan — Form 5500 plan (Scs Direct Inc.)
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, Scs Direct 401(K) Plan is a benefit plan reported by Scs Direct Inc. under EIN 06-1499829 and plan number 002. The latest loaded filing year is 2023. The filing reports 171 participants and $3,540,761 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Scs Direct Inc.
- EIN
- 06-1499829
- Plan number
- 002
- Plan type
- 2
- Location
- Trumbull, CT
- Latest filing year
- 2023
- Participants
- 171
- End-of-year plan assets
- $3,540,761
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20241013092000NAL0012368227001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,540,761
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,540,761
- Net assets (BOY)
- $2,677,384
Income & contributions
- Employer contributions
- $169,640
- Participant contributions
- $332,584
- Total contributions
- $502,224
- Total income / additions
- $969,195
Expenses & distributions
- Benefits paid
- $87,190
- Administrative expenses
- $16,583
- Total expenses
- $105,818
- Net increase / (decrease)
- $863,377
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $16,582 | $0 | 2023 |