2023 Form 5500 filing — Advanced Elements, Inc. Employee Stock Ownership 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 20241001105002NAL0003912675001) for Advanced Elements, Inc. Employee Stock Ownership Plan, reported by Advanced Elements, Inc. under EIN 26-2006372 and plan number 003. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

EFAST2 acknowledgement
20241001105002NAL0003912675001
Filing year
2023
Form type
2
Plan sponsor
Advanced Elements, Inc.
EIN
26-2006372
Plan number
003
Location
Grand Forks, ND
Participants
319
Schedules available
Schedule H
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$71,333,190
Total liabilities (EOY)
$1,714,317
Net assets (EOY)
$69,618,873
Employer contributions
$660,592
Total income / additions
$13,578,898
Benefits paid
$66,410
Administrative expenses
$0
Total expenses
$113,008
Net increase / (decrease)
$13,465,890
Schedule source
Schedule H

Related Form 5500 pages