2023 Form 5500 filing — Abacus Technology Corporation 401(K) Plan And Trust
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 20241001045428NAL0010949520001) for Abacus Technology Corporation 401(K) Plan And Trust, reported by Abacus Technology Corporation under EIN 52-1328215 and plan number 001. It reports 1,164 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001045428NAL0010949520001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Abacus Technology Corporation
- EIN
- 52-1328215
- Plan number
- 001
- Location
- Chevy Chase, MD
- Participants
- 1,164
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $96,073,137
- Net assets (EOY)
- $96,073,137
- Employer contributions
- $2,195,970
- Participant contributions
- $5,605,617
- Total income / additions
- $22,014,300
- Benefits paid
- $8,288,169
- Administrative expenses
- $228,597
- Total expenses
- $8,516,766
- Net increase / (decrease)
- $13,497,534
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $228,597 | not reported in the loaded dataset |
| Merrill Lynch | INVESTMENT ADVISORY | $0 | $83,453 |
| Aprio Llp | ACCOUNTANT | not reported in the loaded dataset | $17,000 |