Who sponsors the The Clearing 401(K) Profit Sharing Plan?

The Clearing 401(K) Profit Sharing Plan is reported as sponsored by The Clearing, Inc. (EIN 26-1287688, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for The Clearing 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for The Clearing 401(K) Profit Sharing Plan is 2023.

How many participants does The Clearing 401(K) Profit Sharing Plan report?

The Clearing 401(K) Profit Sharing Plan reports 171 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for The Clearing 401(K) Profit Sharing Plan?

The Clearing 401(K) Profit Sharing Plan reports $7,989,306 in end-of-year plan assets in its latest loaded Form 5500 filing.

The Clearing 401(K) Profit Sharing Plan — Form 5500 plan (The Clearing, 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, The Clearing 401(K) Profit Sharing Plan is a benefit plan reported by The Clearing, Inc. under EIN 26-1287688 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $7,989,306 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8MPlan net assets, end of year$7,985,874

Participants171Covered participants reported

Assets / participant$46.7KComputed: assets ÷ participants$46,721 (computed)

Provider compensation$64.8K5 Schedule C provider row(s)$64,800

Plan sponsor: The Clearing, Inc.
EIN: 26-1287688
Plan number: 001
Plan type: 2
Location: Washington, DC
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	171	H, C	20241015095526NAL0027994897001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8M total assets

Net assets$8MLiabilities$3.4K

Money in vs. money out

Total income / additions$2.7M

Total expenses$2M

Benefits paid / distributions$1.9M

Contributions

Employer$435.4K

Participant$969.8K

Full reported line items

Net assets

Total assets (EOY): $7,989,306
Total liabilities (EOY): $3,432
Net assets (EOY): $7,985,874
Net assets (BOY): $7,273,560

Income & contributions

Employer contributions: $435,429
Participant contributions: $969,762
Total contributions: $1,488,149
Total income / additions: $2,681,786

Expenses & distributions

Benefits paid: $1,917,204
Administrative expenses: $52,268
Total expenses: $1,969,472
Net increase / (decrease): $712,314

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

31%69%

Employer 31%Participant 69%

Total expenses ÷ net assets25%Computed ratio

Benefits paid ÷ total income71%Computed ratio

Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Empower Annuity Insurance Company	RECORDKEEPER	$34,392	$0	2023
Global Retirement Partners LLC	INVESTMENT ADVISOR	$9,406	not reported in the loaded dataset	2023
Retirement Benefit Solutions, LLC	CONTRACT ADMIN	$1,150	$7,268	2023
Empower Advisory Group, LLC	INVESTMENT MGMT	$7,520	not reported in the loaded dataset	2023
The Leaders Group Inc	BROKER/ADVISOR	$0	$5,064	2023