American Fibertech Corporation 401(K) Plan — Form 5500 plan (American Fibertech Corporation)
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 Fibertech Corporation 401(K) Plan is a benefit plan reported by American Fibertech Corporation under EIN 35-1691687 and plan number 001. The latest loaded filing year is 2023. The filing reports 502 participants and $5,786,832 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Fibertech Corporation
- EIN
- 35-1691687
- Plan number
- 001
- Plan type
- 2
- Location
- Clarks Hill, IN
- Latest filing year
- 2023
- Participants
- 502
- End-of-year plan assets
- $5,786,832
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 502 | H, C | 20240703081516NAL0004173043001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,786,832
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,786,832
- Net assets (BOY)
- $4,306,514
Income & contributions
- Employer contributions
- $390,630
- Participant contributions
- $667,628
- Total contributions
- $1,060,642
- Total income / additions
- $1,900,128
Expenses & distributions
- Benefits paid
- $386,330
- Administrative expenses
- $33,480
- Total expenses
- $419,810
- Net increase / (decrease)
- $1,480,318
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Shepherd Financial Investment | ADVISOR | $17,574 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $15,906 | not reported in the loaded dataset | 2023 |