2023 Form 5500 filing — Amerifirst Financial, Inc. 401k 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 20240805171438NAL0001551681001) for Amerifirst Financial, Inc. 401k Plan, reported by Amerifirst Financial, Inc. under EIN 86-0634557 and plan number 001. It reports 680 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240805171438NAL0001551681001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Amerifirst Financial, Inc.
- EIN
- 86-0634557
- Plan number
- 001
- Location
- Mesa, AZ
- Participants
- 680
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Participant contributions
- $630
- Total income / additions
- $765,165
- Benefits paid
- $7,741,073
- Administrative expenses
- $71,932
- Total expenses
- $7,813,005
- Net increase / (decrease)
- -$7,047,840
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $60,166 | $0 |
| Decisionpoint Financial | ADVISOR | $59,323 | not reported in the loaded dataset |
| Decisionpoint Financial | ADVISOR | $47,831 | not reported in the loaded dataset |
| Mansperger Patterson & Mcmullin, Pl | AUDITOR | $25,636 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $24,101 | $0 |