Plan5500

Adnet Systems, Inc. 401(K) Plan — Form 5500 plan (Adnet Systems, Inc.)

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, Adnet Systems, Inc. 401(K) Plan is a benefit plan reported by Adnet Systems, Inc. under EIN 52-1731575 and plan number 001. The latest loaded filing year is 2023. The filing reports 389 participants and $63,588,304 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Adnet Systems, Inc.
EIN
52-1731575
Plan number
001
Plan type
2
Location
Bethesda, MD
Latest filing year
2023
Participants
389
End-of-year plan assets
$63,588,304

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023389H, C20241008114043NAL0008298435001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$63,588,304
Total liabilities (EOY)
$0
Net assets (EOY)
$63,588,304
Net assets (BOY)
$53,522,751

Income & contributions

Employer contributions
$903,520
Participant contributions
$3,562,312
Total contributions
$5,541,351
Total income / additions
$14,217,728

Expenses & distributions

Benefits paid
$4,030,610
Administrative expenses
$121,565
Total expenses
$4,152,175
Net increase / (decrease)
$10,065,553

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Osaic Wealth IncINVESTMENT ADVISOR$68,225not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$41,407not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$11,933$02023

Related Form 5500 pages