Plan5500

Sagent M&C, LLC 401(K) Plan — Form 5500 plan (Sagent Lending Technologies)

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, Sagent M&C, LLC 401(K) Plan is a benefit plan reported by Sagent Lending Technologies under EIN 82-4498861 and plan number 001. The latest loaded filing year is 2023. The filing reports 350 participants and $54,061,033 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sagent Lending Technologies
EIN
82-4498861
Plan number
001
Plan type
2
Location
King Of Prussia, PA
Latest filing year
2023
Participants
350
End-of-year plan assets
$54,061,033

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023350H, C20241016205347NAL0018067091001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$54,061,033
Total liabilities (EOY)
$0
Net assets (EOY)
$54,061,033
Net assets (BOY)
$42,315,799

Income & contributions

Employer contributions
$1,462,924
Participant contributions
$4,315,899
Total contributions
$7,664,422
Total income / additions
$15,022,586

Expenses & distributions

Benefits paid
$3,261,912
Administrative expenses
$76,161
Total expenses
$3,349,371
Net increase / (decrease)
$11,673,215

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$42,911$02023
Stephano SlackNONE$34,000not reported in the loaded dataset2023

Related Form 5500 pages