American Equity Investment Profit Sharing And 401(K) Plan — Form 5500 plan (American Equity Investment Life Holding Company)
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 Equity Investment Profit Sharing And 401(K) Plan is a benefit plan reported by American Equity Investment Life Holding Company under EIN 42-1447959 and plan number 001. The latest loaded filing year is 2023. The filing reports 958 participants and $87,518,094 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Equity Investment Life Holding Company
- EIN
- 42-1447959
- Plan number
- 001
- Plan type
- 2
- Location
- West Des Moines, IA
- Latest filing year
- 2023
- Participants
- 958
- End-of-year plan assets
- $87,518,094
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 958 | H, C | 20241011090724NAL0010753523001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $87,518,094
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $87,518,094
- Net assets (BOY)
- $67,978,200
Income & contributions
- Employer contributions
- $4,453,901
- Participant contributions
- $8,395,598
- Total contributions
- $15,506,512
- Total income / additions
- $28,439,159
Expenses & distributions
- Benefits paid
- $8,736,291
- Administrative expenses
- $176,374
- Total expenses
- $8,914,170
- Net increase / (decrease)
- $19,524,989
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $176,909 | $0 | 2023 |
| Hays Financial Group | INVESTMENT ADVISORY | $0 | $50,000 | 2023 |
| Qualified Plan Consultants, LLC | OTHER SERVICES | $0 | $20,589 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American Equity Investment Life Holding Company
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in West Des Moines, IA
- Principal Life Insurance Company — Schedule C compensation
- Hays Financial Group — Schedule C compensation
- Qualified Plan Consultants, LLC — Schedule C compensation