America'S Floor Source Profit Sharing Plan — Form 5500 plan (Americas Floor Source)

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, America'S Floor Source Profit Sharing Plan is a benefit plan reported by Americas Floor Source under EIN 31-1708199 and plan number 001. The latest loaded filing year is 2023. The filing reports 438 participants and $12,786,574 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.8MPlan net assets, end of year$12,786,574
Participants438Covered participants reported
Assets / participant$29.2KComputed: assets ÷ participants$29,193 (computed)
Provider compensation$7K3 Schedule C provider row(s)$7,025
Plan sponsor
Americas Floor Source
EIN
31-1708199
Plan number
001
Plan type
2
Location
Columbus, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023438H, C20241013111019NAL0012403843001
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)$12.8M total assets
Net assets$12.8MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$2M
Benefits paid / distributions$2M
Contributions
Employer$698.1K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$12,786,574
Total liabilities (EOY)
$0
Net assets (EOY)
$12,786,574
Net assets (BOY)
$11,226,801

Income & contributions

Employer contributions
$698,075
Participant contributions
$1,280,567
Total contributions
$1,981,200
Total income / additions
$3,561,390

Expenses & distributions

Benefits paid
$1,991,912
Administrative expenses
$7,025
Total expenses
$2,001,617
Net increase / (decrease)
$1,559,773
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$7,025$02023
Adp Broker-DealerRECORD KEEPER$0$02023
Wells FargoADVISOR$0$02023

Related Form 5500 pages