Starmount Management LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Starmount Management 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, Starmount Management LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Starmount Management LLC under EIN 47-1666183 and plan number 001. The latest loaded filing year is 2023. The filing reports 290 participants and $2,688,594 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Starmount Management LLC
- EIN
- 47-1666183
- Plan number
- 001
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
- Participants
- 290
- End-of-year plan assets
- $2,688,594
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 290 | H, C | 20240718100809NAL0005360321001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,688,594
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,688,594
- Net assets (BOY)
- $2,092,831
Income & contributions
- Employer contributions
- $201,487
- Participant contributions
- $353,302
- Total contributions
- $560,664
- Total income / additions
- $959,969
Expenses & distributions
- Benefits paid
- $333,704
- Administrative expenses
- $30,502
- Total expenses
- $364,206
- Net increase / (decrease)
- $595,763
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wealth Enhancement Advisory Service | ADVISOR | $16,218 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $12,455 | not reported in the loaded dataset | 2023 |