2023 Form 5500 filing — Avadek, Inc. 401(K) Retirement 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 20241009082946NAL0018030017001) for Avadek, Inc. 401(K) Retirement Savings Plan, reported by Avadek, Inc. under EIN 76-0405184 and plan number 001. It reports 296 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)$13.8MReported net assets$13,750,332
Participants296
Provider compensation$55.7K1 Schedule C row(s)$55,687
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009082946NAL0018030017001
Plan sponsor
Avadek, Inc.
EIN
76-0405184
Plan number
001
Location
Webster, TX
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)$13.8M total assets
Net assets$13.8MLiabilities$0
Money in vs. money out
Total income / additions$3.4M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$697.3K
Participant$860.4K
Full reported line items
Total assets (EOY)
$13,750,332
Total liabilities (EOY)
$0
Net assets (EOY)
$13,750,332
Employer contributions
$697,318
Participant contributions
$860,439
Total income / additions
$3,429,774
Benefits paid
$1,479,022
Administrative expenses
$55,687
Total expenses
$1,534,709
Net increase / (decrease)
$1,895,065

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Lincoln National CorporationSERVICE PROVIDER$55,687$0

Related Form 5500 pages