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, Sterling Management, Ltd. 401(K) Plan is a benefit plan reported by Sterling Management, Ltd. under EIN 35-1494125 and plan number 001. The latest loaded filing year is 2023. The filing reports 441 participants and $16,070,215 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,070,215
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,070,215
- Net assets (BOY)
- $12,066,692
Income & contributions
- Employer contributions
- $347,967
- Participant contributions
- $1,538,841
- Total contributions
- $2,056,746
- Total income / additions
- $4,758,370
Expenses & distributions
- Benefits paid
- $651,597
- Administrative expenses
- $103,250
- Total expenses
- $754,847
- Net increase / (decrease)
- $4,003,523