Scientific Design Company, Inc. Savings Plan — Form 5500 plan (Scientific Design Company, 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, Scientific Design Company, Inc. Savings Plan is a benefit plan reported by Scientific Design Company, Inc. under EIN 74-2456494 and plan number 001. The latest loaded filing year is 2023. The filing reports 217 participants and $62,281,198 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Scientific Design Company, Inc.
EIN
74-2456494
Plan number
001
Plan type
2
Location
Little Ferry, NJ
Latest filing year
2023
Participants
217
End-of-year plan assets
$62,281,198

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023217H, C20241015111238NAL0029361953001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$62,281,198
Total liabilities (EOY)
$50,196
Net assets (EOY)
$62,231,002
Net assets (BOY)
$54,677,129

Income & contributions

Employer contributions
$1,296,839
Participant contributions
$1,746,533
Total contributions
$3,106,853
Total income / additions
$13,659,549

Expenses & distributions

Benefits paid
$6,071,119
Administrative expenses
$29,510
Total expenses
$6,105,676
Net increase / (decrease)
$7,553,873

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Capital Group LLCINVESTMENT ADVISOR$28,696not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$0$02023
Scientific Design Company, IncOTHER$0not reported in the loaded dataset2023

Related Form 5500 pages