2023 Form 5500 filing — Atlantic Corporation Of Wilmington, Inc. 401(K) 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 20240827154129NAL0010791313001) for Atlantic Corporation Of Wilmington, Inc. 401(K) Profit Sharing Plan, reported by Atlantic Corporation Of Wilmington, Inc. under EIN 56-0797402 and plan number 001. It reports 1,260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240827154129NAL0010791313001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Atlantic Corporation Of Wilmington, Inc.
- EIN
- 56-0797402
- Plan number
- 001
- Location
- Wilmington, NC
- Participants
- 1,260
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $159,478,898
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $159,478,898
- Employer contributions
- $5,880,381
- Participant contributions
- $7,505,256
- Total income / additions
- $35,768,234
- Benefits paid
- $10,355,550
- Administrative expenses
- $254,878
- Total expenses
- $10,610,428
- Net increase / (decrease)
- $25,157,806
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $237,664 | $0 |
| Wells Fargo Advisors Fin Network | INVESTMENT ADVISORY | $0 | $74,979 |
| Navellier & Associates Inc | INV ADV, PARTICIPANTS | $16,685 | not reported in the loaded dataset |
| Rpa Financial, LLC | INVESTMENT ADVISORY | $0 | $12,497 |