2023 Form 5500 filing — Affordable Care, LLC Multiple Employer 401k 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 20241011161641NAL0011164659001) for Affordable Care, LLC Multiple Employer 401k Plan, reported by Affordable Care, LLC under EIN 56-1505559 and plan number 001. It reports 4,434 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011161641NAL0011164659001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Affordable Care, LLC
- EIN
- 56-1505559
- Plan number
- 001
- Location
- Morrisville, NC
- Participants
- 4,434
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $213,522,648
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $213,522,648
- Employer contributions
- $7,141,235
- Participant contributions
- $13,757,580
- Total income / additions
- $55,567,870
- Benefits paid
- $21,017,961
- Administrative expenses
- $352,000
- Total expenses
- $21,413,058
- Net increase / (decrease)
- $34,154,812
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $283,145 | $0 |
| Capfinancial Partners, LLC | NONE | $50,345 | not reported in the loaded dataset |
| Blackman & Sloop | NONE | $23,000 | not reported in the loaded dataset |