Sciolex Corp. 401k & Profit Sharing Plan — Form 5500 plan (Sciolex 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, Sciolex Corp. 401k & Profit Sharing Plan is a benefit plan reported by Sciolex Corporation under EIN 20-4225592 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $5,295,817 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.3MPlan net assets, end of year$5,295,817
Participants184Covered participants reported
Assets / participant$28.8KComputed: assets ÷ participants$28,782 (computed)
Provider compensation$15.2K2 Schedule C provider row(s)$15,157
- Plan sponsor
- Sciolex Corporation
- EIN
- 20-4225592
- Plan number
- 001
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 184 | H, C | 20241007123756NAL0008869411001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.3M total assets
Net assets$5.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,295,817
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,295,817
- Net assets (BOY)
- $6,108,682
Income & contributions
- Employer contributions
- $209,695
- Participant contributions
- $374,308
- Total contributions
- $603,259
- Total income / additions
- $1,492,766
Expenses & distributions
- Benefits paid
- $2,304,481
- Administrative expenses
- $1,150
- Total expenses
- $2,305,631
- Net increase / (decrease)
- -$812,865
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets44%Computed ratio
Benefits paid ÷ total income154%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC | ADVISOR | $0 | $14,007 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $1,150 | $0 | 2023 |