Saga Innovations 401(K) Plan — Form 5500 plan (Saga Innovations)
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, Saga Innovations 401(K) Plan is a benefit plan reported by Saga Innovations under EIN 47-2168942 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $1,908,305 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Saga Innovations
- EIN
- 47-2168942
- Plan number
- 001
- Plan type
- 2
- Location
- Framingham, MA
- Latest filing year
- 2023
- Participants
- 173
- End-of-year plan assets
- $1,908,305
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20240927054645NAL0001013187001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,908,305
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,908,305
- Net assets (BOY)
- $859,468
Income & contributions
- Employer contributions
- $198,681
- Participant contributions
- $647,282
- Total contributions
- $978,385
- Total income / additions
- $1,218,306
Expenses & distributions
- Benefits paid
- $82,507
- Administrative expenses
- $15,283
- Total expenses
- $169,469
- Net increase / (decrease)
- $1,048,837
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $15,282 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
| Aig Securities A K A Sagepoint Advi | ADVISOR | $0 | $0 | 2023 |