Sovrn 401(K) Plan — Form 5500 plan (Sovrn Holdings, 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, Sovrn 401(K) Plan is a benefit plan reported by Sovrn Holdings, Inc. under EIN 46-4307559 and plan number 001. The latest loaded filing year is 2023. The filing reports 311 participants and $13,723,374 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sovrn Holdings, Inc.
EIN
46-4307559
Plan number
001
Plan type
2
Location
Boulder, CO
Latest filing year
2023
Participants
311
End-of-year plan assets
$13,723,374

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023311H, C20241011045348NAL0042574306001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,723,374
Total liabilities (EOY)
$0
Net assets (EOY)
$13,723,374
Net assets (BOY)
$10,146,059

Income & contributions

Employer contributions
$708,237
Participant contributions
$2,059,407
Total contributions
$2,881,015
Total income / additions
$4,921,213

Expenses & distributions

Benefits paid
$1,278,899
Administrative expenses
$64,999
Total expenses
$1,343,898
Net increase / (decrease)
$3,577,315

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Aveo Capital Partners, LLCSERVICE PROVIDER$0$30,2122023
AscensusTHIRD PARTY ADMINISTRATO$0$9,2582023
Expand FinancialSERVICE PROVIDER$8,460not reported in the loaded dataset2023
Voya Retirement Insurance And AnnuiSERVICE PROVIDER$0$02023

Related Form 5500 pages