Sovereign Healthcare 401(K) Plan — Form 5500 plan (Sovereign Healthcare Holdings, LLC)

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, Sovereign Healthcare 401(K) Plan is a benefit plan reported by Sovereign Healthcare Holdings, LLC under EIN 20-0101170 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,230 participants and $28,301,885 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sovereign Healthcare Holdings, LLC
EIN
20-0101170
Plan number
001
Plan type
2
Location
Casselberry, FL
Latest filing year
2023
Participants
4,230
End-of-year plan assets
$28,301,885

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,230H, C20240930114020NAL0003206723001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$28,301,885
Total liabilities (EOY)
$77,884
Net assets (EOY)
$28,224,001
Net assets (BOY)
$23,451,171

Income & contributions

Participant contributions
$2,504,055
Total contributions
$2,537,515
Total income / additions
$6,554,870

Expenses & distributions

Benefits paid
$1,643,171
Administrative expenses
$138,869
Total expenses
$1,782,040
Net increase / (decrease)
$4,772,830

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ameritas Life Insurance CorpNONE$98,066not reported in the loaded dataset2023
Bks Financial Investments LLCNONE$30,000not reported in the loaded dataset2023
Charles Schwab BankNONE$10,803$02023

Related Form 5500 pages