Sennheiser Electronic Corporation 401(K) Plan — Form 5500 plan (Sennheiser Electronic 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, Sennheiser Electronic Corporation 401(K) Plan is a benefit plan reported by Sennheiser Electronic Corporation under EIN 13-1988840 and plan number 003. The latest loaded filing year is 2023. The filing reports 157 participants and $23,316,280 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sennheiser Electronic Corporation
- EIN
- 13-1988840
- Plan number
- 003
- Plan type
- 2
- Location
- Old Lyme, CT
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $23,316,280
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20241009093920NAL0018107889001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,316,280
- Net assets (EOY)
- $23,316,280
- Net assets (BOY)
- $21,210,279
Income & contributions
- Employer contributions
- $803,064
- Participant contributions
- $1,062,741
- Total contributions
- $2,154,636
- Total income / additions
- $5,573,676
Expenses & distributions
- Benefits paid
- $3,465,775
- Administrative expenses
- $1,900
- Total expenses
- $3,467,675
- Net increase / (decrease)
- $2,106,001
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Penserv, Inc. | THIRD PARTY ADMINISTRATOR | $0 | $11,001 | 2023 |