American Reading Company, Inc. Employee Stock Ownership Plan — Form 5500 plan (American Reading Company, 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, American Reading Company, Inc. Employee Stock Ownership Plan is a benefit plan reported by American Reading Company, Inc. under EIN 23-2965253 and plan number 002. The latest loaded filing year is 2023. The filing reports 296 participants and $3,500,463 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$57.7MPlan net assets, end of year-$57,740,763
Participants296Covered participants reported
Assets / participant$11.8KComputed: assets ÷ participants$11,826 (computed)
Provider compensationNone reported
Plan sponsor
American Reading Company, Inc.
EIN
23-2965253
Plan number
002
Plan type
2
Location
Blue Bell, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023296H20240912112428NAL0010058977001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.5M total assets
Net assets-$57.7MLiabilities$61.2M
Money in vs. money out
Total income / additions-$6.5M
Total expenses$2M
Benefits paid / distributions$0
Contributions
Employer$4.3M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$3,500,463
Total liabilities (EOY)
$61,241,226
Net assets (EOY)
-$57,740,763
Net assets (BOY)
-$49,286,910

Income & contributions

Employer contributions
$4,319,085
Total contributions
$4,319,085
Total income / additions
-$6,476,425

Expenses & distributions

Benefits paid
$0
Administrative expenses
$0
Total expenses
$1,977,428
Net increase / (decrease)
-$8,453,853

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages