2023 Form 5500 filing — Aka Enterprise Solutions, 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 20241011151300NAL0022176417001) for Aka Enterprise Solutions, Inc. 401(K) & Profit Sharing Plan, reported by Aka Enterprise Solutions, Inc. under EIN 13-3507800 and plan number 001. It reports 366 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011151300NAL0022176417001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Aka Enterprise Solutions, Inc.
- EIN
- 13-3507800
- Plan number
- 001
- Location
- New York, NY
- Participants
- 366
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,451,496
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,451,496
- Employer contributions
- $1,522,547
- Participant contributions
- $3,760,901
- Total income / additions
- $11,077,875
- Benefits paid
- $1,982,221
- Administrative expenses
- $90,723
- Total expenses
- $2,072,944
- Net increase / (decrease)
- $9,004,931
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $86,169 | $0 |
| Side By Side Financials Inc. | CONTRACT ADMINISTRATOR | $0 | $20,994 |
| Orenda Retirement, LLC | CONTRACT ADMINISTRATOR | $4,629 | $8,855 |
| Ameriprise Financial Svc Inc-205 | OTHER SERVICES | $0 | $11,093 |
| Ameriprise Financial Services Inc | OTHER SERVICES | $0 | $5,226 |
| Morningstar Investment Management | INV ADV, PARTICIPANTS | $0 | $0 |