2023 Form 5500 filing — Avi Systems, Inc. Employee Stock Ownership 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 20240730171210NAL0032535408001) for Avi Systems, Inc. Employee Stock Ownership Plan, reported by Avi Systems, Inc. under EIN 45-0321251 and plan number 002. It reports 1,451 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730171210NAL0032535408001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Avi Systems, Inc.
- EIN
- 45-0321251
- Plan number
- 002
- Location
- Lenexa, KS
- Participants
- 1,451
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $324,575,194
- Total liabilities (EOY)
- $44,562,749
- Net assets (EOY)
- $280,012,445
- Employer contributions
- $9,159,609
- Participant contributions
- $7,980,899
- Total income / additions
- $93,538,799
- Benefits paid
- $24,996,884
- Administrative expenses
- $2,134,603
- Total expenses
- $28,020,019
- Net increase / (decrease)
- $65,518,780
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $248,982 | $0 |
| Forvis, Llp | NONE | $21,840 | $0 |
| Intellicents Investment Solutions | NONE | $18,202 | $0 |
| Summit Fiduciary Group, LLC | NONE | $6,000 | not reported in the loaded dataset |