2023 Form 5500 filing — Adams Fairacre Farms, Inc. 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 20240926104001NAL0000631169001) for Adams Fairacre Farms, Inc. 401(K) Plan, reported by Adams Fairacre Farms, Inc. under EIN 14-1489189 and plan number 001. It reports 1,455 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926104001NAL0000631169001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Adams Fairacre Farms, Inc.
- EIN
- 14-1489189
- Plan number
- 001
- Location
- Poughkeepsie, NY
- Participants
- 1,455
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,404,453
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,404,453
- Employer contributions
- $966,415
- Participant contributions
- $2,600,370
- Total income / additions
- $9,209,085
- Benefits paid
- $2,601,501
- Administrative expenses
- $164,839
- Total expenses
- $2,829,496
- Net increase / (decrease)
- $6,379,589
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $110,504 | $0 |
| Lpl Financial | INVESTMENT ADVISOR | $42,103 | not reported in the loaded dataset |
| Day Seckler Llp | AUDITOR | $12,000 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | OTHER | $300 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $40 | not reported in the loaded dataset |