2023 Form 5500 filing — Align Precision 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 20241015090554NAL0029087441003) for Align Precision 401(K) Plan, reported by Align Precision Corp. under EIN 83-4029310 and plan number 001. It reports 1,138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$44.9MReported net assets$44,947,699
Participants1.1K1,138
Provider compensation$263.6K3 Schedule C row(s)$263,607
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015090554NAL0029087441003
Plan sponsor
Align Precision Corp.
EIN
83-4029310
Plan number
001
Location
Tempe, AZ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$44.9M total assets
Net assets$44.9MLiabilities
Money in vs. money out
Total income / additions$13.7M
Total expenses$4.6M
Benefits paid / distributions$4.4M
Contributions
Employer$2.8M
Participant$4.4M
Full reported line items
Total assets (EOY)
$44,947,699
Net assets (EOY)
$44,947,699
Employer contributions
$2,774,136
Participant contributions
$4,407,307
Total income / additions
$13,742,552
Benefits paid
$4,418,041
Administrative expenses
$185,053
Total expenses
$4,613,655
Net increase / (decrease)
$9,128,897

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance Co.CONTRACT ADMINISTRATOR$185,053$0
Kestra Investment Services, LLCOTHER SERVICES$0$61,477
Michigan Benefit Consulting, Inc.OTHER SERVICES$0$17,077

Related Form 5500 pages