2023 Form 5500 filing — Access Direct Systems, Inc. 401(K) Profit Sharing 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 20241008080610NAL0009467635001) for Access Direct Systems, Inc. 401(K) Profit Sharing Plan, reported by Access Direct Systems, Inc. under EIN 13-2669655 and plan number 003. It reports 266 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$5.9MReported net assets$5,926,483
Participants266
Provider compensation$50.5K3 Schedule C row(s)$50,507
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241008080610NAL0009467635001
- Plan sponsor
- Access Direct Systems, Inc.
- EIN
- 13-2669655
- Plan number
- 003
- Location
- Farmingdale, NY
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$5.9M total assets
Net assets$5.9MLiabilities$9.4K
Full reported line items
- Total assets (EOY)
- $5,935,861
- Total liabilities (EOY)
- $9,378
- Net assets (EOY)
- $5,926,483
- Participant contributions
- $222,546
- Total income / additions
- $1,062,479
- Benefits paid
- $440,438
- Administrative expenses
- $50,507
- Total expenses
- $500,323
- Net increase / (decrease)
- $562,156
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide Life Insurance | NONE | $44,459 | not reported in the loaded dataset |
| Gelman Pension Consulting, Inc | NONE | $6,048 | $0 |
| Lpl Financial LLC | NONE | $0 | $0 |