Avgol America, Inc. 401(K) Plan — Form 5500 plan (Avgol America, 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, Avgol America, Inc. 401(K) Plan is a benefit plan reported by Avgol America, Inc. under EIN 58-2626494 and plan number 001. The latest loaded filing year is 2023. The filing reports 309 participants and $12,564,705 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.6MPlan net assets, end of year$12,564,705
Participants309Covered participants reported
Assets / participant$40.7KComputed: assets ÷ participants$40,662 (computed)
Provider compensation$56.2K2 Schedule C provider row(s)$56,238
Plan sponsor
Avgol America, Inc.
EIN
58-2626494
Plan number
001
Plan type
2
Location
Mocksville, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023309H, C20241015144822NAL0049992944001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$12.6M total assets
Net assets$12.6MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$914.2K
Benefits paid / distributions$856.1K
Contributions
Employer$544.8K
Participant$932.9K
Full reported line items

Net assets

Total assets (EOY)
$12,564,705
Total liabilities (EOY)
$0
Net assets (EOY)
$12,564,705
Net assets (BOY)
$10,307,519

Income & contributions

Employer contributions
$544,805
Participant contributions
$932,895
Total contributions
$1,483,574
Total income / additions
$3,171,363

Expenses & distributions

Benefits paid
$856,120
Administrative expenses
$58,057
Total expenses
$914,177
Net increase / (decrease)
$2,257,186
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$30,402$02023
First Heartland Consultants IncADVISOR$25,836not reported in the loaded dataset2023

Related Form 5500 pages