Aac Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Aac 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, Aac Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Aac Inc. under EIN 54-1233442 and plan number 005. The latest loaded filing year is 2023. The filing reports 163 participants and $19,121,265 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Aac Inc.
- EIN
- 54-1233442
- Plan number
- 005
- Plan type
- 2
- Location
- Vienna, VA
- Latest filing year
- 2023
- Participants
- 163
- End-of-year plan assets
- $19,121,265
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 163 | H, C | 20240529142312NAL0006269299001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,121,265
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,121,265
- Net assets (BOY)
- $16,927,605
Income & contributions
- Employer contributions
- $67,641
- Participant contributions
- $556,636
- Total contributions
- $693,386
- Total income / additions
- $3,231,713
Expenses & distributions
- Benefits paid
- $936,149
- Administrative expenses
- $88,378
- Total expenses
- $1,038,053
- Net increase / (decrease)
- $2,193,660
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $5,764 | $0 | 2023 |
| Coastal Pension Services | TPA | $3,650 | $0 | 2023 |