Sciton Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Sciton 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, Sciton Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Sciton Inc. under EIN 77-0463469 and plan number 001. The latest loaded filing year is 2023. The filing reports 417 participants and $35,443,506 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sciton Inc.
- EIN
- 77-0463469
- Plan number
- 001
- Plan type
- 2
- Location
- Palo Alto, CA
- Latest filing year
- 2023
- Participants
- 417
- End-of-year plan assets
- $35,443,506
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 417 | H, C | 20241015141738NAL0016599507001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,443,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,443,506
- Net assets (BOY)
- $25,497,459
Income & contributions
- Employer contributions
- $1,456,080
- Participant contributions
- $4,035,800
- Total contributions
- $5,752,457
- Total income / additions
- $10,811,938
Expenses & distributions
- Benefits paid
- $820,362
- Administrative expenses
- $43,640
- Total expenses
- $865,891
- Net increase / (decrease)
- $9,946,047
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $43,640 | not reported in the loaded dataset | 2023 |
| Onedigital Investment Advisors | SERVICE PROVIDER | $0 | $11,667 | 2023 |
| Onedigital Topco LLC | SERVICE PROVIDER | $0 | $6,667 | 2023 |