2023 Form 5500 filing — Advex Corporation Employee Profit Sharing Retirement 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 20240830054630NAL0007007795001) for Advex Corporation Employee Profit Sharing Retirement Plan, reported by Advex Corporation under EIN 54-0849747 and plan number 002. It reports 124 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240830054630NAL0007007795001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advex Corporation
- EIN
- 54-0849747
- Plan number
- 002
- Location
- Hampton, VA
- Participants
- 124
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,802,990
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,802,990
- Employer contributions
- $83,319
- Participant contributions
- $441,986
- Total income / additions
- $1,362,247
- Benefits paid
- $631,670
- Administrative expenses
- $2,525
- Total expenses
- $643,641
- Net increase / (decrease)
- $718,606
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwestern Mutual Investment | ADVISOR | $0 | $11,648 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,525 | $0 |