Astec Industries, Inc. 401(K) Retirement Plan — Form 5500 plan (Astec Industries, 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, Astec Industries, Inc. 401(K) Retirement Plan is a benefit plan reported by Astec Industries, Inc. under EIN 62-0873631 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,442 participants and $317,889,492 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Astec Industries, Inc.
- EIN
- 62-0873631
- Plan number
- 001
- Plan type
- 2
- Location
- Chattanooga, TN
- Latest filing year
- 2023
- Participants
- 4,442
- End-of-year plan assets
- $317,889,492
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,442 | H, C | 20240924165719NAL0013088641001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $317,889,492
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $317,889,492
- Net assets (BOY)
- $278,392,106
Income & contributions
- Employer contributions
- $7,826,623
- Participant contributions
- $20,720,684
- Total contributions
- $30,266,010
- Total income / additions
- $75,901,134
Expenses & distributions
- Benefits paid
- $35,656,784
- Administrative expenses
- $638,763
- Total expenses
- $36,403,748
- Net increase / (decrease)
- $39,497,386
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $290,662 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $281,336 | not reported in the loaded dataset | 2023 |
| Osaic Wealth Inc | NONE | $54,950 | not reported in the loaded dataset | 2023 |
| Qdro Consultants | NONE | $900 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Astec Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Chattanooga, TN
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Osaic Wealth Inc — Schedule C compensation
- Qdro Consultants — Schedule C compensation