The Arora Group, Inc. 401(K) Plan — Form 5500 plan (The Arora Group, 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, The Arora Group, Inc. 401(K) Plan is a benefit plan reported by The Arora Group, Inc. under EIN 52-1919194 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,015 participants and $15,877,416 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Arora Group, Inc.
- EIN
- 52-1919194
- Plan number
- 001
- Plan type
- 2
- Location
- Gaithersburg, MD
- Latest filing year
- 2023
- Participants
- 1,015
- End-of-year plan assets
- $15,877,416
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,015 | H, C | 20241011162401NAL0039472624001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,877,416
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,877,416
- Net assets (BOY)
- $12,662,264
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $3,072,556
- Total contributions
- $4,197,413
- Total income / additions
- $6,440,590
Expenses & distributions
- Benefits paid
- $3,079,565
- Administrative expenses
- $97,046
- Total expenses
- $3,225,438
- Net increase / (decrease)
- $3,215,152
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $62,773 | $0 | 2023 |
| Commonwealth Financial Network | ADVISOR | $24,956 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners LLC | ADVISOR | $9,318 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Arora Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Gaithersburg, MD
- Fidelity Investments Institutional — Schedule C compensation
- Commonwealth Financial Network — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation