Advex Corporation Employee Profit Sharing Retirement Plan — Form 5500 plan (Advex Corporation)
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, Advex Corporation Employee Profit Sharing Retirement Plan is a benefit plan reported by Advex Corporation under EIN 54-0849747 and plan number 002. The latest loaded filing year is 2023. The filing reports 124 participants and $5,802,990 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advex Corporation
- EIN
- 54-0849747
- Plan number
- 002
- Plan type
- 2
- Location
- Hampton, VA
- Latest filing year
- 2023
- Participants
- 124
- End-of-year plan assets
- $5,802,990
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20240830054630NAL0007007795001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,802,990
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,802,990
- Net assets (BOY)
- $5,084,384
Income & contributions
- Employer contributions
- $83,319
- Participant contributions
- $441,986
- Total contributions
- $774,487
- Total income / additions
- $1,362,247
Expenses & distributions
- Benefits paid
- $631,670
- Administrative expenses
- $2,525
- Total expenses
- $643,641
- Net increase / (decrease)
- $718,606
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwestern Mutual Investment | ADVISOR | $0 | $11,648 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,525 | $0 | 2023 |