2023 Form 5500 filing — Advancion Corporation 401(K) And Profit Sharing 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 20240822163235NAL0005357841001) for Advancion Corporation 401(K) And Profit Sharing Plan, reported by Advancion Corporation under EIN 36-3185557 and plan number 002. It reports 309 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240822163235NAL0005357841001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advancion Corporation
- EIN
- 36-3185557
- Plan number
- 002
- Location
- Buffalo Grove, IL
- Participants
- 309
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,815,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,815,345
- Employer contributions
- $893,579
- Participant contributions
- $2,577,846
- Total income / additions
- $7,845,549
- Benefits paid
- $1,429,433
- Administrative expenses
- $9,726
- Total expenses
- $1,440,392
- Net increase / (decrease)
- $6,405,157
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $9,726 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |