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, Akam Living Services, Inc. 401(K) Savings Plan is a benefit plan reported by Akam Living Services, Inc. under EIN 20-1943070 and plan number 001. The latest loaded filing year is 2023. The filing reports 889 participants and $10,628,237 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,628,237
- Total liabilities (EOY)
- $55,531
- Net assets (EOY)
- $10,572,706
- Net assets (BOY)
- $8,323,598
Income & contributions
- Employer contributions
- $167,698
- Participant contributions
- $1,955,372
- Total contributions
- $2,244,086
- Total income / additions
- $3,793,670
Expenses & distributions
- Benefits paid
- $1,478,994
- Administrative expenses
- $65,568
- Total expenses
- $1,544,562
- Net increase / (decrease)
- $2,249,108