Aace Employee Savings Plan — Form 5500 plan (Archer Wire International Corp.)
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, Aace Employee Savings Plan is a benefit plan reported by Archer Wire International Corp. under EIN 36-2486967 and plan number 003. The latest loaded filing year is 2023. The filing reports 248 participants and $11,072,295 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Archer Wire International Corp.
- EIN
- 36-2486967
- Plan number
- 003
- Plan type
- 2
- Location
- Bedford Park, IL
- Latest filing year
- 2023
- Participants
- 248
- End-of-year plan assets
- $11,072,295
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 248 | H, C | 20250616083938NAL0001348704001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,072,295
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,072,295
- Net assets (BOY)
- $11,362,610
Income & contributions
- Employer contributions
- $111,732
- Participant contributions
- $379,837
- Total contributions
- $491,569
- Total income / additions
- $2,163,234
Expenses & distributions
- Benefits paid
- $2,394,262
- Administrative expenses
- $54,157
- Total expenses
- $2,453,549
- Net increase / (decrease)
- -$290,315
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Smith & Cull | ACCOUNTANT | $53,482 | not reported in the loaded dataset | 2023 |
| Merrill Lynch Pierce Fenner & Smith | RECORD KEEPER | $845 | $0 | 2023 |