Advanced Payroll Solutions, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Advanced Payroll Solutions, 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, Advanced Payroll Solutions, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Advanced Payroll Solutions, Inc. under EIN 56-2593567 and plan number 001. The latest loaded filing year is 2023. The filing reports 534 participants and $19,602,108 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advanced Payroll Solutions, Inc.
- EIN
- 56-2593567
- Plan number
- 001
- Plan type
- 2
- Location
- Irvine, CA
- Latest filing year
- 2023
- Participants
- 534
- End-of-year plan assets
- $19,602,108
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 534 | H, C | 20241014171202NAL0015345427001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,602,108
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,602,108
- Net assets (BOY)
- $15,976,247
Income & contributions
- Employer contributions
- $708,533
- Participant contributions
- $1,166,300
- Total contributions
- $1,939,533
- Total income / additions
- $5,207,925
Expenses & distributions
- Benefits paid
- $1,393,982
- Administrative expenses
- $105,916
- Total expenses
- $1,582,064
- Net increase / (decrease)
- $3,625,861
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $105,879 | $0 | 2023 |
| Nfp Retirement Inc | INVESTMENT ADVISORY | $45,448 | $53,433 | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $9,681 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Advanced Payroll Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Irvine, CA
- Principal Life Insurance Company — Schedule C compensation
- Nfp Retirement Inc — Schedule C compensation
- Capital Group Retirement Plan Svcs. — Schedule C compensation