2023 Form 5500 filing — Art'S Rental Equipment, Inc. 401(K) Retirement Savings Plan & 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 20241002175334NAL0004278291001) for Art'S Rental Equipment, Inc. 401(K) Retirement Savings Plan & Trust, reported by Art'S Rental Equipment, Inc. under EIN 61-0956063 and plan number 001. It reports 232 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002175334NAL0004278291001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Art'S Rental Equipment, Inc.
- EIN
- 61-0956063
- Plan number
- 001
- Location
- Newport, KY
- Participants
- 232
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,724,995
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,724,995
- Employer contributions
- $1,589,262
- Participant contributions
- $1,006,748
- Total income / additions
- $6,544,952
- Benefits paid
- $1,956,287
- Administrative expenses
- $140,695
- Total expenses
- $2,099,072
- Net increase / (decrease)
- $4,445,880
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $75,651 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $30,306 | $0 |
| Fifth Third Bank | INVESTMENT ADVISOR | $22,938 | not reported in the loaded dataset |
| Clark Schaefer Hackett & Co | AUDITOR | $11,800 | not reported in the loaded dataset |