Spencer Financial, LLC Profit Sharing Plan — Form 5500 plan (Spencer Financial, 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, Spencer Financial, LLC Profit Sharing Plan is a benefit plan reported by Spencer Financial, LLC under EIN 20-2118749 and plan number 001. The latest loaded filing year is 2023. The filing reports 2 participants and $1,701,017 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Spencer Financial, LLC
- EIN
- 20-2118749
- Plan number
- 001
- Plan type
- 2
- Location
- Sudbury, MA
- Latest filing year
- 2023
- Participants
- 2
- End-of-year plan assets
- $1,701,017
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2 | I | 20240517054514NAL0023262499001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,701,017
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,701,017
- Net assets (BOY)
- $1,281,963
Income & contributions
- Employer contributions
- $132,000
- Participant contributions
- $0
- Total income / additions
- $419,135
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $81
- Total expenses
- $81
- Net increase / (decrease)
- $419,054
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.