Plan5500

Simplisafe 401(K) Plan — Form 5500 plan (Simplisafe, Inc.)

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, Simplisafe 401(K) Plan is a benefit plan reported by Simplisafe, Inc. under EIN 20-5367003 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,239 participants and $38,438,462 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Simplisafe, Inc.
EIN
20-5367003
Plan number
001
Plan type
2
Location
Boston, MA
Latest filing year
2023
Participants
1,239
End-of-year plan assets
$38,438,462

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,239H, C20241004165935NAL0011665825001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,438,462
Total liabilities (EOY)
$0
Net assets (EOY)
$38,438,462
Net assets (BOY)
$22,891,755

Income & contributions

Employer contributions
$3,600,745
Participant contributions
$7,552,041
Total contributions
$12,809,457
Total income / additions
$18,257,091

Expenses & distributions

Benefits paid
$2,590,295
Administrative expenses
$120,089
Total expenses
$2,710,384
Net increase / (decrease)
$15,546,707

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$75,661$02023
The Hays Financial Group, LLCINVESTMENT ADVISOR$28,185not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$16,243not reported in the loaded dataset2023

Related Form 5500 pages