Arborgen 401(K) Profit Sharing Plan — Form 5500 plan (Arborgen 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, Arborgen 401(K) Profit Sharing Plan is a benefit plan reported by Arborgen Inc. under EIN 58-2521259 and plan number 002. The latest loaded filing year is 2023. The filing reports 160 participants and $16,133,812 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Arborgen Inc.
- EIN
- 58-2521259
- Plan number
- 002
- Plan type
- 2
- Location
- Ridgeville, SC
- Latest filing year
- 2023
- Participants
- 160
- End-of-year plan assets
- $16,133,812
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 160 | H, C | 20241014145710NAL0015153203001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,133,812
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,133,812
- Net assets (BOY)
- $15,821,520
Income & contributions
- Employer contributions
- $307,056
- Participant contributions
- $633,383
- Total contributions
- $995,174
- Total income / additions
- $3,088,211
Expenses & distributions
- Benefits paid
- $2,716,908
- Administrative expenses
- $59,011
- Total expenses
- $2,775,919
- Net increase / (decrease)
- $312,292
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $34,206 | $0 | 2023 |
| Synovus Trust Company | INVESTMENT ADVISORY | $24,807 | not reported in the loaded dataset | 2023 |