2023 Form 5500 filing — Advocates Incorporated 401(K) Profit Sharing Plan And 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 20241011075026NAL0010709827001) for Advocates Incorporated 401(K) Profit Sharing Plan And Trust, reported by Advocates Incorporated under EIN 16-1453716 and plan number 001. It reports 486 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011075026NAL0010709827001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advocates Incorporated
- EIN
- 16-1453716
- Plan number
- 001
- Location
- Liverpool, NY
- Participants
- 486
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,618,767
- Net assets (EOY)
- $2,618,767
- Employer contributions
- $149,663
- Participant contributions
- $487,950
- Total income / additions
- $1,061,621
- Benefits paid
- $171,654
- Administrative expenses
- $29,411
- Total expenses
- $201,065
- Net increase / (decrease)
- $860,556
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $28,408 | $0 |
| Royal Alliance Associates Inc. | INVESTMENT ADVISORY | $0 | $14,541 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |