Plan5500

Sachem, Inc. Employees Profit Sharing Plan — Form 5500 plan (Sachem, 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, Sachem, Inc. Employees Profit Sharing Plan is a benefit plan reported by Sachem, Inc. under EIN 74-2286932 and plan number 001. The latest loaded filing year is 2023. The filing reports 273 participants and $46,429,291 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sachem, Inc.
EIN
74-2286932
Plan number
001
Plan type
2
Location
Austin, TX
Latest filing year
2023
Participants
273
End-of-year plan assets
$46,429,291

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023273H, C20241004110821NAL0005644579001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$46,429,291
Total liabilities (EOY)
$22,071
Net assets (EOY)
$46,407,220
Net assets (BOY)
$47,971,619

Income & contributions

Employer contributions
$401,803
Participant contributions
$1,369,799
Total contributions
$1,825,580
Total income / additions
$9,083,434

Expenses & distributions

Benefits paid
$10,560,403
Administrative expenses
$87,430
Total expenses
$10,647,833
Net increase / (decrease)
-$1,564,399

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$43,780$02023
Maxwell Locke & Ritter LlpACCOUNTANT/AUDITOR$23,500not reported in the loaded dataset2023
Sageview AdvisoryINVESTMENT ADVISOR$18,000not reported in the loaded dataset2023

Related Form 5500 pages