Sciolex Corporation 401(K) & 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 Corporation 401(K) & Profit Sharing Plan is a benefit plan reported by Sciolex Corporation under EIN 20-4225592 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,008 participants and $4,604,854 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sciolex Corporation
- EIN
- 20-4225592
- Plan number
- 002
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
- Participants
- 1,008
- End-of-year plan assets
- $4,604,854
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,008 | H, C | 20241011182159NAL0022505105001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,604,854
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,604,854
- Net assets (BOY)
- $6,277,216
Income & contributions
- Employer contributions
- $271,905
- Participant contributions
- $396,211
- Total contributions
- $702,985
- Total income / additions
- $1,460,444
Expenses & distributions
- Benefits paid
- $2,932,542
- Administrative expenses
- $190,838
- Total expenses
- $3,132,806
- Net increase / (decrease)
- -$1,672,362
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins. Co Of America | RECORDKEEPER | $141,446 | $0 | 2023 |
| Boon Administrative Services Inc | CONTRACT ADMIN | $32,435 | not reported in the loaded dataset | 2023 |
| Lpl Financial LLC | BROKER/ADVISER | $0 | $25,377 | 2023 |
| Kestra Investment Services LLC | INVESTMENT ADVISOR | $9,960 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,997 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sciolex Corporation
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Chantilly, VA
- Empower Annuity Ins. Co Of America — Schedule C compensation
- Boon Administrative Services Inc — Schedule C compensation
- Lpl Financial LLC — Schedule C compensation
- Kestra Investment Services LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation