2023 Form 5500 filing — Asbury Communities, 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 20241014050156NAL0014556115001) for Asbury Communities, Inc. 401(K) Retirement Savings Plan, reported by Asbury Communities, Inc. under EIN 52-1862677 and plan number 003. It reports 3,664 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014050156NAL0014556115001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Asbury Communities, Inc.
- EIN
- 52-1862677
- Plan number
- 003
- Location
- Frederick, MD
- Participants
- 3,664
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,426,007
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $88,426,007
- Employer contributions
- $3,501,717
- Participant contributions
- $6,589,200
- Total income / additions
- $22,789,529
- Benefits paid
- $8,452,852
- Administrative expenses
- $248,094
- Total expenses
- $8,701,401
- Net increase / (decrease)
- $14,088,128
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $248,094 | $8,440 |
| Morgan Stanley | OTHER SERVICES | $0 | $102,050 |
| Cliftonlarsonallen Llp | ACCOUNTANT | $0 | $17,850 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |