Clearedge It Solutions, LLC 401(K) P/S Plan — Form 5500 plan (Clearedge It Solutions, LLC)
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, Clearedge It Solutions, LLC 401(K) P/S Plan is a benefit plan reported by Clearedge It Solutions, LLC under EIN 42-1551459 and plan number 001. The latest loaded filing year is 2023. The filing reports 125 participants and $21,301,509 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Clearedge It Solutions, LLC
- EIN
- 42-1551459
- Plan number
- 001
- Plan type
- 2
- Location
- Jessup, MD
- Latest filing year
- 2023
- Participants
- 125
- End-of-year plan assets
- $21,301,509
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 125 | H, C | 20241015132837NAL0029787409001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,301,509
- Total liabilities (EOY)
- $19,523
- Net assets (EOY)
- $21,281,986
- Net assets (BOY)
- $17,301,938
Income & contributions
- Employer contributions
- $971,742
- Participant contributions
- $775,729
- Total contributions
- $2,036,117
- Total income / additions
- $5,515,705
Expenses & distributions
- Benefits paid
- $1,458,816
- Administrative expenses
- $64,403
- Total expenses
- $1,535,657
- Net increase / (decrease)
- $3,980,048
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services, Inc. | INVESTMENT ADVISOR | $27,162 | not reported in the loaded dataset | 2023 |
| Coastal Pension Services, Inc | CONTRACT ADMINISTRATOR | $2,690 | $10,000 | 2023 |
| Empower Annuity Ins Co Of America | RECORD KEEPER | $2,528 | $0 | 2023 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $1,497 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Clearedge It Solutions, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Jessup, MD
- Commonwealth Equity Services, Inc. — Schedule C compensation
- Coastal Pension Services, Inc — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Empower Advisory Group — Schedule C compensation