Plain-English plan 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, Asahi/America 401(K) Plan is a benefit plan reported by Asahi/America, Inc under EIN 04-2621836 and plan number 003. The latest loaded filing year is 2023. The filing reports 240 participants and $21,788,520 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,788,520
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,788,520
- Net assets (BOY)
- $18,481,012
Income & contributions
- Employer contributions
- $687,570
- Participant contributions
- $1,134,749
- Total contributions
- $1,822,319
- Total income / additions
- $4,639,981
Expenses & distributions
- Benefits paid
- $1,306,450
- Administrative expenses
- $16,438
- Total expenses
- $1,332,473
- Net increase / (decrease)
- $3,307,508