Incentive Profit Sharing Plan For Employees Of Sealing Devices Inc. — Form 5500 plan (Sealing Devices 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, Incentive Profit Sharing Plan For Employees Of Sealing Devices Inc. is a benefit plan reported by Sealing Devices Inc. under EIN 16-0902968 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $41,047,997 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sealing Devices Inc.
- EIN
- 16-0902968
- Plan number
- 001
- Plan type
- 2
- Location
- Lancaster, NY
- Latest filing year
- 2023
- Participants
- 205
- End-of-year plan assets
- $41,047,997
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 205 | H, C | 20250711122842NAL0006320097001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,047,997
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,047,997
- Net assets (BOY)
- $34,094,188
Income & contributions
- Employer contributions
- $2,129,412
- Participant contributions
- $405,079
- Total contributions
- $2,546,402
- Total income / additions
- $10,858,570
Expenses & distributions
- Benefits paid
- $3,758,689
- Administrative expenses
- $132,998
- Total expenses
- $3,904,761
- Net increase / (decrease)
- $6,953,809
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Forte Capital, LLC | INVESTMENT ADVISOR | $69,233 | not reported in the loaded dataset | 2023 |
| Pcs Capital LLC | CONTRACT ADMINISTRATOR | $53,765 | not reported in the loaded dataset | 2023 |
| Lumsden & Mccormick, Llp | AUDITOR | $10,000 | not reported in the loaded dataset | 2023 |