Plan5500

Sound Seal, Inc. 401(K) Plan — Form 5500 plan (Sound Seal, 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, Sound Seal, Inc. 401(K) Plan is a benefit plan reported by Sound Seal, Inc. under EIN 46-4283000 and plan number 001. The latest loaded filing year is 2023. The filing reports 321 participants and $8,522,279 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sound Seal, Inc.
EIN
46-4283000
Plan number
001
Plan type
2
Location
Agawam, MA
Latest filing year
2023
Participants
321
End-of-year plan assets
$8,522,279

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023321H, C20241015162819NAL0030340705003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,522,279
Net assets (EOY)
$8,522,279
Net assets (BOY)
$7,062,560

Income & contributions

Employer contributions
$516,158
Participant contributions
$895,321
Total contributions
$1,437,388
Total income / additions
$2,782,951

Expenses & distributions

Benefits paid
$1,295,197
Administrative expenses
$26,389
Total expenses
$1,323,232
Net increase / (decrease)
$1,459,719

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Associated Trust Company, N.A.NONE$26,389$02023

Related Form 5500 pages