Sovos Compliance, LLC 401(K) Retirement Plan — Form 5500 plan (Sovos Compliance, 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, Sovos Compliance, LLC 401(K) Retirement Plan is a benefit plan reported by Sovos Compliance, LLC under EIN 46-1379693 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,385 participants and $78,133,958 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sovos Compliance, LLC
EIN
46-1379693
Plan number
001
Plan type
2
Location
Wilmington, MA
Latest filing year
2023
Participants
1,385
End-of-year plan assets
$78,133,958

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,385H, C20240708112230NAL0019785584001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$78,133,958
Total liabilities (EOY)
$0
Net assets (EOY)
$78,133,958
Net assets (BOY)
$60,099,757

Income & contributions

Employer contributions
$2,446,726
Participant contributions
$8,613,820
Total contributions
$11,934,616
Total income / additions
$24,066,653

Expenses & distributions

Benefits paid
$5,890,123
Administrative expenses
$142,329
Total expenses
$6,032,452
Net increase / (decrease)
$18,034,201

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$118,856$02023
Strategic Advisors, Inc.ADVISOR$23,473not reported in the loaded dataset2023

Related Form 5500 pages