2023 Form 5500 filing — Acts Retirement - Life Communities, Inc. Retirement Savings Plan - 401(K)
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 20241014081357NAL0025704177001) for Acts Retirement - Life Communities, Inc. Retirement Savings Plan - 401(K), reported by Acts Retirement - Life Communities, Inc. under EIN 23-1900132 and plan number 002. It reports 6,920 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014081357NAL0025704177001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Acts Retirement - Life Communities, Inc.
- EIN
- 23-1900132
- Plan number
- 002
- Location
- Ft Washington, PA
- Participants
- 6,920
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $195,742,998
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $195,742,998
- Employer contributions
- $6,906,502
- Participant contributions
- $14,329,764
- Total income / additions
- $49,985,944
- Benefits paid
- $15,702,217
- Administrative expenses
- $438,066
- Total expenses
- $16,150,327
- Net increase / (decrease)
- $33,835,617
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $365,825 | $0 |
| Mma Securities | CONSULTANT | $57,541 | not reported in the loaded dataset |
| Baker Tilly Us, Llp | CONSULTANT | $14,700 | not reported in the loaded dataset |