Schc Companies, Inc. Profit Sharing Plan — Form 5500 plan (Schc Companies, 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, Schc Companies, Inc. Profit Sharing Plan is a benefit plan reported by Schc Companies, Inc. under EIN 22-2943771 and plan number 001. The latest loaded filing year is 2023. The filing reports 259 participants and $3,739,969 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Schc Companies, Inc.
EIN
22-2943771
Plan number
001
Plan type
2
Location
Syracuse, NY
Latest filing year
2023
Participants
259
End-of-year plan assets
$3,739,969

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023259H, C20241015141003NAL0058042626001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,739,969
Total liabilities (EOY)
$0
Net assets (EOY)
$3,739,969
Net assets (BOY)
$3,456,234

Income & contributions

Employer contributions
$489,212
Total contributions
$492,987
Total income / additions
$892,777

Expenses & distributions

Benefits paid
$578,810
Administrative expenses
$30,232
Total expenses
$609,042
Net increase / (decrease)
$283,735

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Everen Capital CorporationINVESTMENT ADVISOR$7,461$02023
Admin Partners LLCCONTRACT ADMIN$600$1,4902023
Empower Life & Annuity Insurancenot reported in the loaded datasetnot reported in the loaded datasetnot reported in the loaded dataset2023

Related Form 5500 pages