American Systems Corporation Employee Savings And Security 401(K) Plan — Form 5500 plan (American Systems 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, American Systems Corporation Employee Savings And Security 401(K) Plan is a benefit plan reported by American Systems Corporation under EIN 54-0962497 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,372 participants and $209,439,407 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
American Systems Corporation
EIN
54-0962497
Plan number
002
Plan type
2
Location
Chantilly, VA
Latest filing year
2023
Participants
2,372
End-of-year plan assets
$209,439,407

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,372H, C20241009100407NAL0032382464001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$209,439,407
Total liabilities (EOY)
$0
Net assets (EOY)
$209,439,407
Net assets (BOY)
$178,174,205

Income & contributions

Participant contributions
$15,437,206
Total contributions
$23,392,880
Total income / additions
$54,512,042

Expenses & distributions

Benefits paid
$23,004,851
Administrative expenses
$241,640
Total expenses
$23,246,840
Net increase / (decrease)
$31,265,202

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$222,496$02023
Sageview Advisory Group,CONTRACT ADMINISTRATOR$19,144not reported in the loaded dataset2023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages