2023 Form 5500 filing — Alku 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 20240926135217NAL0001361888001) for Alku 401(K) Plan, reported by Alku, LLC under EIN 26-1250834 and plan number 001. It reports 2,377 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926135217NAL0001361888001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Alku, LLC
- EIN
- 26-1250834
- Plan number
- 001
- Location
- Andover, MA
- Participants
- 2,377
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,815,136
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,815,136
- Employer contributions
- $912,412
- Participant contributions
- $11,113,998
- Total income / additions
- $21,232,475
- Benefits paid
- $6,658,412
- Administrative expenses
- $136,392
- Total expenses
- $6,803,403
- Net increase / (decrease)
- $14,429,072
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Osaic | ADVISOR | $81,810 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $44,030 | $0 |
| Bdo Usa P.C. | AUDITOR | $10,552 | not reported in the loaded dataset |