Plan5500

Escalent, Inc. 401(K) Plan — Form 5500 plan (Escalent, 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, Escalent, Inc. 401(K) Plan is a benefit plan reported by Escalent, Inc. under EIN 38-2882316 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,054 participants and $68,924,158 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Escalent, Inc.
EIN
38-2882316
Plan number
001
Plan type
2
Location
Livonia, MI
Latest filing year
2023
Participants
1,054
End-of-year plan assets
$68,924,158

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,054H, C20241011111011NAL0043437186001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$68,924,158
Total liabilities (EOY)
$0
Net assets (EOY)
$68,924,158
Net assets (BOY)
$54,908,333

Income & contributions

Employer contributions
$1,113,842
Participant contributions
$6,531,369
Total contributions
$11,491,731
Total income / additions
$21,613,347

Expenses & distributions

Benefits paid
$7,536,326
Administrative expenses
$63,534
Total expenses
$7,597,522
Net increase / (decrease)
$14,015,825

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$53,879$02023
Empower Advisory Group, LLCINVESTMENT MGMT$9,655not reported in the loaded dataset2023

Related Form 5500 pages