Aik 401(K) Plan — Form 5500 plan (Aisan Industries Kentucky)

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, Aik 401(K) Plan is a benefit plan reported by Aisan Industries Kentucky under EIN 35-2201214 and plan number 001. The latest loaded filing year is 2023. The filing reports 486 participants and $9,199,164 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Aisan Industries Kentucky
EIN
35-2201214
Plan number
001
Plan type
2
Location
Mount Sterling, KY
Latest filing year
2023
Participants
486
End-of-year plan assets
$9,199,164

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023486H, C20241009124625NAL0009203667001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,199,164
Total liabilities (EOY)
$0
Net assets (EOY)
$9,199,164
Net assets (BOY)
$7,741,223

Income & contributions

Employer contributions
$359,841
Participant contributions
$582,022
Total contributions
$999,026
Total income / additions
$2,297,984

Expenses & distributions

Benefits paid
$770,556
Administrative expenses
$58,307
Total expenses
$840,043
Net increase / (decrease)
$1,457,941

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$28,193$02023
Keystone Financial Group, LLCSERVICE PROVIDER$24,463not reported in the loaded dataset2023
Benefits Administrators, LLCTPA$5,651not reported in the loaded dataset2023

Related Form 5500 pages