2023 Form 5500 filing — Automated Financial Systems, Inc. 401(K) Salary Reduction Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240722115219NAL0017405248001) for Automated Financial Systems, Inc. 401(K) Salary Reduction Plan, reported by Automated Financial Systems, Inc. under EIN 23-1724335 and plan number 001. It reports 404 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240722115219NAL0017405248001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Automated Financial Systems, Inc.
- EIN
- 23-1724335
- Plan number
- 001
- Location
- Exton, PA
- Participants
- 404
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,821,412
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,821,412
- Employer contributions
- $856,614
- Participant contributions
- $3,739,720
- Total income / additions
- $17,483,463
- Benefits paid
- $11,318,813
- Administrative expenses
- $82,017
- Total expenses
- $11,400,830
- Net increase / (decrease)
- $6,082,633
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Integrated Wealth Concepts LLC | ADVISOR | $61,416 | not reported in the loaded dataset |
| Rkl Llp | ACCOUNTANT/AUDITOR | $14,363 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $6,287 | $0 |