Persistent Systems LLC 401(K) Plan — Form 5500 plan (Persistent Systems 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, Persistent Systems LLC 401(K) Plan is a benefit plan reported by Persistent Systems LLC under EIN 20-4625353 and plan number 001. The latest loaded filing year is 2023. The filing reports 313 participants and $25,149,891 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Persistent Systems LLC
- EIN
- 20-4625353
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 313
- End-of-year plan assets
- $25,149,891
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 313 | H, C | 20240906082617NAL0000463875001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,149,891
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,149,891
- Net assets (BOY)
- $17,691,653
Income & contributions
- Employer contributions
- $1,548,027
- Participant contributions
- $3,074,970
- Total contributions
- $4,969,182
- Total income / additions
- $8,130,760
Expenses & distributions
- Benefits paid
- $629,407
- Administrative expenses
- $43,115
- Total expenses
- $672,522
- Net increase / (decrease)
- $7,458,238
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Betterment For Business, LLC | RECORDKEEPER | $43,115 | not reported in the loaded dataset | 2023 |