Sapiens Americas Corporation Employee Savings Plan — Form 5500 plan (Sapiens Americas 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, Sapiens Americas Corporation Employee Savings Plan is a benefit plan reported by Sapiens Americas Corporation under EIN 13-3621430 and plan number 001. The latest loaded filing year is 2023. The filing reports 961 participants and $186,844,013 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sapiens Americas Corporation
- EIN
- 13-3621430
- Plan number
- 001
- Plan type
- 2
- Location
- Rochelle Park, NJ
- Latest filing year
- 2023
- Participants
- 961
- End-of-year plan assets
- $186,844,013
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 961 | H, C | 20240731141820NAL0014407603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $186,844,013
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $186,844,013
- Net assets (BOY)
- $161,550,729
Income & contributions
- Employer contributions
- $1,293,455
- Participant contributions
- $7,398,062
- Total contributions
- $10,350,355
- Total income / additions
- $37,716,571
Expenses & distributions
- Benefits paid
- $12,187,235
- Administrative expenses
- $228,105
- Total expenses
- $12,423,287
- Net increase / (decrease)
- $25,293,284
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $153,105 | $0 | 2023 |
| Allied Retirement | INVESTMENT ADVISORY | $75,000 | not reported in the loaded dataset | 2023 |