2023 Form 5500 filing — American Forest Management, Inc. 401(K) 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 20241014154459NAL0027761953001) for American Forest Management, Inc. 401(K) Plan, reported by American Forest Management, Inc. under EIN 57-0682169 and plan number 001. It reports 328 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014154459NAL0027761953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American Forest Management, Inc.
- EIN
- 57-0682169
- Plan number
- 001
- Location
- Charlotte, NC
- Participants
- 328
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $44,608,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,608,506
- Employer contributions
- $832,436
- Participant contributions
- $1,969,604
- Total income / additions
- $9,215,629
- Benefits paid
- $3,256,929
- Administrative expenses
- $77,439
- Total expenses
- $3,334,368
- Net increase / (decrease)
- $5,881,261
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $71,930 | $0 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $5,509 | $28,491 |
| Greerwalker, Llp | ACCOUNTANT | $0 | $15,000 |