2023 Form 5500 filing — Applied Systems, Inc. Retirement Savings 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 20240730155152NAL0020409777001) for Applied Systems, Inc. Retirement Savings Plan, reported by Applied Systems, Inc. under EIN 20-5511045 and plan number 001. It reports 1,936 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730155152NAL0020409777001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Applied Systems, Inc.
- EIN
- 20-5511045
- Plan number
- 001
- Location
- University Park, IL
- Participants
- 1,936
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $193,521,959
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $193,521,959
- Employer contributions
- $2,836,531
- Participant contributions
- $14,333,404
- Total income / additions
- $47,722,510
- Benefits paid
- $15,430,996
- Administrative expenses
- $235,633
- Total expenses
- $15,741,086
- Net increase / (decrease)
- $31,981,424
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $186,735 | $0 |
| Gallagher Benefit Services, Inc. | NONE | $40,000 | not reported in the loaded dataset |
| Sikich Llp | AUDITOR | $20,500 | not reported in the loaded dataset |
| Baker Tilly Corporation | NONE | $14,175 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | NONE | $13,223 | not reported in the loaded dataset |
| Legacy Professionals Llp | ACCOUNTANT | $10,600 | not reported in the loaded dataset |