Akf Savings And Investment Plan — Form 5500 plan (Akf Group LLC)
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, Akf Savings And Investment Plan is a benefit plan reported by Akf Group LLC under EIN 20-8152697 and plan number 001. The latest loaded filing year is 2023. The filing reports 476 participants and $63,805,813 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Akf Group LLC
- EIN
- 20-8152697
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 476
- End-of-year plan assets
- $63,805,813
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 476 | H, C | 20240917153301NAL0006972146004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $63,805,813
- Net assets (EOY)
- $63,805,813
- Net assets (BOY)
- $55,038,624
Income & contributions
- Employer contributions
- $566,599
- Participant contributions
- $3,606,804
- Total contributions
- $4,312,628
- Total income / additions
- $13,968,596
Expenses & distributions
- Benefits paid
- $5,124,258
- Administrative expenses
- $77,149
- Total expenses
- $5,201,407
- Net increase / (decrease)
- $8,767,189
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Wealth Management | CONSULTANT | $68,224 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORDKEEPER | $8,925 | $0 | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |