Clever Devices Ltd. 401(K) Plan — Form 5500 plan (Clever Devices Ltd.)
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, Clever Devices Ltd. 401(K) Plan is a benefit plan reported by Clever Devices Ltd. under EIN 11-2908781 and plan number 001. The latest loaded filing year is 2023. The filing reports 614 participants and $61,373,956 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Clever Devices Ltd.
- EIN
- 11-2908781
- Plan number
- 001
- Plan type
- 2
- Location
- Woodbury, NY
- Latest filing year
- 2023
- Participants
- 614
- End-of-year plan assets
- $61,373,956
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 614 | H, C | 20241001084006NAL0003847443001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,373,956
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,373,956
- Net assets (BOY)
- $50,975,239
Income & contributions
- Employer contributions
- $1,107,518
- Participant contributions
- $4,648,235
- Total contributions
- $6,071,971
- Total income / additions
- $14,495,134
Expenses & distributions
- Benefits paid
- $4,001,232
- Administrative expenses
- $58,544
- Total expenses
- $4,096,417
- Net increase / (decrease)
- $10,398,717
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $82,571 | 2023 |
| Sentinel Benefits Group Inc. | THIRD PARTY ADMINISTRATO | $19,183 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management | SERVICE PROVIDER | $12,268 | not reported in the loaded dataset | 2023 |
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $12,268 | $0 | 2023 |
| Voya Retirement Advisors, LLC | SERVICE PROVIDER | $8,208 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Clever Devices Ltd.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Woodbury, NY
- Global Retirement Partners LLC — Schedule C compensation
- Sentinel Benefits Group Inc. — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation
- Voya Retirement Insurance And Annui — Schedule C compensation
- Voya Retirement Advisors, LLC — Schedule C compensation