Scarc, Inc. Retirement Plan — Form 5500 plan (Scarc, 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, Scarc, Inc. Retirement Plan is a benefit plan reported by Scarc, Inc under EIN 22-1775304 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $8,578,119 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Scarc, Inc
- EIN
- 22-1775304
- Plan number
- 001
- Plan type
- 2
- Location
- Augusta, NJ
- Latest filing year
- 2023
- Participants
- 255
- End-of-year plan assets
- $8,578,119
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 255 | H, C | 20240828135029NAL0012194993006 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,578,119
- Net assets (EOY)
- $8,578,119
- Net assets (BOY)
- $9,730,043
Income & contributions
- Employer contributions
- $529,767
- Participant contributions
- $333,560
- Total contributions
- $990,432
- Total income / additions
- $2,342,330
Expenses & distributions
- Benefits paid
- $3,435,803
- Administrative expenses
- $58,451
- Total expenses
- $3,494,254
- Net increase / (decrease)
- -$1,151,924
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $47,463 | $155 | 2023 |
| Lpl Financial LLC | INVESTMENT ADVISOR | not reported in the loaded dataset | $13,181 | 2023 |
| Intac Actuarial Services Inc | TPA | $4,800 | $4,868 | 2023 |
| Iron-Co-Fid-Index-Comprehensive | not reported in the loaded dataset | $5,306 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Scarc, Inc
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Augusta, NJ
- Nationwide — Schedule C compensation
- Lpl Financial LLC — Schedule C compensation
- Intac Actuarial Services Inc — Schedule C compensation
- Iron-Co-Fid-Index-Comprehensive — Schedule C compensation