2023 Form 5500 filing — First American Resources Company, LLC 401(K) Savings 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 20241008105112NAL0009565539001) for First American Resources Company, LLC 401(K) Savings Plan, reported by First American Resources Company, LLC under EIN 58-2594042 and plan number 001. It reports 136 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008105112NAL0009565539001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First American Resources Company, LLC
- EIN
- 58-2594042
- Plan number
- 001
- Location
- Mableton, GA
- Participants
- 136
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,319,146
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,319,146
- Employer contributions
- $197,573
- Participant contributions
- $343,255
- Total income / additions
- $1,561,816
- Benefits paid
- $561,960
- Administrative expenses
- $46,446
- Total expenses
- $608,406
- Net increase / (decrease)
- $953,410
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $27,189 | $0 |
| Bennett Thrasher | AUDIT | $15,750 | not reported in the loaded dataset |
| Futureplan By Ascensus | RECORDKEEPER | $3,507 | $21 |