2023 Form 5500 filing — The Profit Sharing Plus Plan (The Plan) Of Advantage Management Corporation
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 20241014123303NAL0027278145001) for The Profit Sharing Plus Plan (The Plan) Of Advantage Management Corporation, reported by Advantage Management Corporation under EIN 41-1679714 and plan number 001. It reports 1,423 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014123303NAL0027278145001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advantage Management Corporation
- EIN
- 41-1679714
- Plan number
- 001
- Location
- Eagan, MN
- Participants
- 1,423
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $54,565,254
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,565,254
- Employer contributions
- $550,308
- Participant contributions
- $2,164,945
- Total income / additions
- $13,279,269
- Benefits paid
- $15,833,621
- Administrative expenses
- $1,180
- Total expenses
- $15,868,903
- Net increase / (decrease)
- -$2,589,634
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $5,097 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$3,917 | $0 |