Aak Usa Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Aak Usa 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, Aak Usa Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Aak Usa Inc under EIN 13-3445572 and plan number 001. The latest loaded filing year is 2023. The filing reports 637 participants and $36,102,380 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Aak Usa Inc
- EIN
- 13-3445572
- Plan number
- 001
- Plan type
- 2
- Location
- Edison, NJ
- Latest filing year
- 2023
- Participants
- 637
- End-of-year plan assets
- $36,102,380
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 637 | H, C | 20241009083043NAL0010432787001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $36,102,380
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,102,380
- Net assets (BOY)
- $28,429,493
Income & contributions
- Employer contributions
- $1,642,370
- Participant contributions
- $2,752,502
- Total contributions
- $4,589,227
- Total income / additions
- $9,859,159
Expenses & distributions
- Benefits paid
- $2,028,502
- Administrative expenses
- $132,932
- Total expenses
- $2,186,272
- Net increase / (decrease)
- $7,672,887
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners, LLC | ADVISORY | $76,735 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $55,336 | not reported in the loaded dataset | 2023 |