Schlotterbeck & Foss 401(K) Plan — Form 5500 plan (Schlotterbeck & Foss Company)
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, Schlotterbeck & Foss 401(K) Plan is a benefit plan reported by Schlotterbeck & Foss Company under EIN 20-0272422 and plan number 001. The latest loaded filing year is 2023. The filing reports 246 participants and $5,364,020 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schlotterbeck & Foss Company
- EIN
- 20-0272422
- Plan number
- 001
- Plan type
- 2
- Location
- Westbrook, ME
- Latest filing year
- 2023
- Participants
- 246
- End-of-year plan assets
- $5,364,020
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 246 | H, C | 20241011112825NAL0021760001005 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,364,020
- Net assets (EOY)
- $5,364,020
- Net assets (BOY)
- $4,363,471
Income & contributions
- Employer contributions
- $194,569
- Participant contributions
- $489,464
- Total contributions
- $795,858
- Total income / additions
- $1,617,613
Expenses & distributions
- Benefits paid
- $551,164
- Administrative expenses
- $65,900
- Total expenses
- $617,064
- Net increase / (decrease)
- $1,000,549
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $22,653 | $0 | 2023 |
| Valmark Advisors Inc | INVESTMENT ADVISOR | $20,705 | $0 | 2023 |
| Downeast Pension Services, Inc. | CONTRACT ADMIN. | $1,850 | $4,587 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT. | $670 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schlotterbeck & Foss Company
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Westbrook, ME
- Empower Annuity Insurance Company O — Schedule C compensation
- Valmark Advisors Inc — Schedule C compensation
- Downeast Pension Services, Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation