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 Electronics, Inc. 401(K) Savings And Profit Sharing Plan is a benefit plan reported by American Electronics, Inc. under EIN 52-1292002 and plan number 002. The latest loaded filing year is 2023. The filing reports 318 participants and $26,751,521 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,751,521
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,751,521
- Net assets (BOY)
- $25,055,000
Income & contributions
- Employer contributions
- $320,679
- Participant contributions
- $1,175,513
- Total contributions
- $1,759,333
- Total income / additions
- $5,748,666
Expenses & distributions
- Benefits paid
- $4,035,418
- Administrative expenses
- $16,727
- Total expenses
- $4,052,145
- Net increase / (decrease)
- $1,696,521