Aras Corporation 401(K) Plan — Form 5500 plan (Aras Corporation)
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, Aras Corporation 401(K) Plan is a benefit plan reported by Aras Corporation under EIN 04-3509904 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $15,757,268 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Aras Corporation
- EIN
- 04-3509904
- Plan number
- 001
- Plan type
- 2
- Location
- Andover, MA
- Latest filing year
- 2023
- Participants
- 250
- End-of-year plan assets
- $15,757,268
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H, C | 20241009160516NAL0009387299001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,757,268
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,757,268
- Net assets (BOY)
- $11,948,143
Income & contributions
- Participant contributions
- $2,066,539
- Total contributions
- $2,222,172
- Total income / additions
- $4,399,651
Expenses & distributions
- Benefits paid
- $582,977
- Administrative expenses
- $1,925
- Total expenses
- $590,526
- Net increase / (decrease)
- $3,809,125
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $38,155 | 2023 |
| Ascensus C/O Future Plan | THIRD PARTY ADMINISTRATO | $0 | $5,526 | 2023 |