Access Direct Systems, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Access Direct Systems, Inc.)

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, Access Direct Systems, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Access Direct Systems, Inc. under EIN 13-2669655 and plan number 003. The latest loaded filing year is 2023. The filing reports 266 participants and $5,935,861 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Access Direct Systems, Inc.
EIN
13-2669655
Plan number
003
Plan type
2
Location
Farmingdale, NY
Latest filing year
2023
Participants
266
End-of-year plan assets
$5,935,861

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023266H, C20241008080610NAL0009467635001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,935,861
Total liabilities (EOY)
$9,378
Net assets (EOY)
$5,926,483
Net assets (BOY)
$5,364,327

Income & contributions

Participant contributions
$222,546
Total contributions
$222,546
Total income / additions
$1,062,479

Expenses & distributions

Benefits paid
$440,438
Administrative expenses
$50,507
Total expenses
$500,323
Net increase / (decrease)
$562,156

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nationwide Life InsuranceNONE$44,459not reported in the loaded dataset2023
Gelman Pension Consulting, IncNONE$6,048$02023
Lpl Financial LLCNONE$0$02023

Related Form 5500 pages