Actsoft, Inc. Retirement Savings Plan 2019 — Form 5500 plan (Actsoft 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, Actsoft, Inc. Retirement Savings Plan 2019 is a benefit plan reported by Actsoft Inc under EIN 59-3490657 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $8,453,379 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.5MPlan net assets, end of year$8,453,379
Participants135Covered participants reported
Assets / participant$62.6KComputed: assets ÷ participants$62,618 (computed)
Provider compensation$63.9K4 Schedule C provider row(s)$63,858
Plan sponsor
Actsoft Inc
EIN
59-3490657
Plan number
001
Plan type
2
Location
Tampa, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023135H, C20241014134051NAL0053764882001
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)$8.5M total assets
Net assets$8.5MLiabilities
Money in vs. money out
Total income / additions$1.9M
Total expenses$652.4K
Benefits paid / distributions$610.9K
Contributions
Employer$222.8K
Participant$462.5K
Full reported line items

Net assets

Total assets (EOY)
$8,453,379
Net assets (EOY)
$8,453,379
Net assets (BOY)
$7,173,095

Income & contributions

Employer contributions
$222,818
Participant contributions
$462,454
Total contributions
$685,272
Total income / additions
$1,932,700

Expenses & distributions

Benefits paid
$610,862
Administrative expenses
$41,554
Total expenses
$652,416
Net increase / (decrease)
$1,280,284
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 33%Participant 67%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Co Of AmeRECORDKEEPER$39,509$02023
Jaffe Tilchin Wealth Management IncINVESTMENT ADVISOR$18,545not reported in the loaded dataset2023
Penservco, Inc.THIRD PARTY ADMINISTRATO$2,045$3,7092023
Empower Annuity Insurance Co Of AmeINVESTMENT MANAGEMENT$50not reported in the loaded dataset2023

Related Form 5500 pages