Scientific Components 401(K) Plan — Form 5500 plan (Scientific Components 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, Scientific Components 401(K) Plan is a benefit plan reported by Scientific Components Corporation under EIN 11-2161210 and plan number 004. The latest loaded filing year is 2023. The filing reports 635 participants and $54,885,403 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$54.9MPlan net assets, end of year$54,885,403
Participants635Covered participants reported
Assets / participant$86.4KComputed: assets ÷ participants$86,434 (computed)
Provider compensation$94.9K2 Schedule C provider row(s)$94,876
- Plan sponsor
- Scientific Components Corporation
- EIN
- 11-2161210
- Plan number
- 004
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 635 | H, C | 20241011184206NAL0023435409001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$54.9M total assets
Net assets$54.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $54,885,403
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,885,403
- Net assets (BOY)
- $41,135,306
Income & contributions
- Employer contributions
- $1,244,056
- Participant contributions
- $3,894,658
- Total contributions
- $5,301,990
- Total income / additions
- $12,320,057
Expenses & distributions
- Benefits paid
- $1,523,285
- Administrative expenses
- $94,876
- Total expenses
- $1,618,161
- Net increase / (decrease)
- $10,701,896
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
24%76%
Employer 24%Participant 76%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Old Slip Registered Invest Advisor | INVESTEMENT ADVISOR | $55,000 | not reported in the loaded dataset | 2023 |
| Jp Morgan Invest Holdings LLC | RECORDKEEPER | $39,876 | $0 | 2023 |