Avidex Industries Savings Investment Plan — Form 5500 plan (Avidex Industries, LLC)

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, Avidex Industries Savings Investment Plan is a benefit plan reported by Avidex Industries, LLC under EIN 37-1480101 and plan number 001. The latest loaded filing year is 2023. The filing reports 634 participants and $48,705,541 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Avidex Industries, LLC
EIN
37-1480101
Plan number
001
Plan type
2
Location
Cary, NC
Latest filing year
2023
Participants
634
End-of-year plan assets
$48,705,541

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023634H, C20241011074750NAL0036340608001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$48,705,541
Total liabilities (EOY)
$0
Net assets (EOY)
$48,705,541
Net assets (BOY)
$40,825,709

Income & contributions

Employer contributions
$896,718
Participant contributions
$3,181,816
Total contributions
$4,171,300
Total income / additions
$12,092,399

Expenses & distributions

Benefits paid
$4,207,131
Administrative expenses
$5,436
Total expenses
$4,212,567
Net increase / (decrease)
$7,879,832

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$5,436$02023

Related Form 5500 pages