2023 Form 5500 filing — Advantech Corporation 401(K) 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 20240821132832NAL0001993235001) for Advantech Corporation 401(K) Plan, reported by Advantech Corporation under EIN 68-0144624 and plan number 001. It reports 705 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240821132832NAL0001993235001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advantech Corporation
- EIN
- 68-0144624
- Plan number
- 001
- Location
- Milpitas, CA
- Participants
- 705
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,866,523
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,866,523
- Employer contributions
- $1,098,144
- Participant contributions
- $4,837,757
- Total income / additions
- $17,501,331
- Benefits paid
- $3,085,086
- Administrative expenses
- $33,089
- Total expenses
- $3,118,175
- Net increase / (decrease)
- $14,383,156
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners, LLC | INVESTMENT ADVISOR | $40,000 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $18,853 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$25,764 | $0 |