A.S.C.I. Profit Sharing Savings Plan — Form 5500 plan (Advanced Systems Concepts, 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, A.S.C.I. Profit Sharing Savings Plan is a benefit plan reported by Advanced Systems Concepts, Inc. under EIN 22-2368438 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advanced Systems Concepts, Inc.
- EIN
- 22-2368438
- Plan number
- 001
- Plan type
- 2
- Location
- Morristown, NJ
- Latest filing year
- 2023
- Participants
- 169
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 169 | H, C | 20250528162829NAL0017902018001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $4,362,752
Income & contributions
- Employer contributions
- $493,958
- Participant contributions
- $732,685
- Total contributions
- $1,241,163
- Total income / additions
- $1,607,101
Expenses & distributions
- Benefits paid
- $135,754
- Administrative expenses
- $28,934
- Total expenses
- $164,688
- Net increase / (decrease)
- $1,442,413
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Axa Equitable Life Insurance Co. | RECORDKEEPER | $28,934 | $0 | 2023 |