Aries Marine Corporation 401(K) Plan — Form 5500 plan (Aries Marine Corporation)
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, Aries Marine Corporation 401(K) Plan is a benefit plan reported by Aries Marine Corporation under EIN 72-1258490 and plan number 001. The latest loaded filing year is 2023. The filing reports 164 participants and $9,833,695 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Aries Marine Corporation
- EIN
- 72-1258490
- Plan number
- 001
- Plan type
- 2
- Location
- Lafayette, LA
- Latest filing year
- 2023
- Participants
- 164
- End-of-year plan assets
- $9,833,695
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20241001131250NAL0007114161001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,833,695
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,833,695
- Net assets (BOY)
- $9,926,650
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $277,647
- Total contributions
- $277,647
- Total income / additions
- $1,341,522
Expenses & distributions
- Benefits paid
- $1,395,475
- Administrative expenses
- $25,943
- Total expenses
- $1,434,477
- Net increase / (decrease)
- -$92,955
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Summit Financial Wealth Advisors | INVESTMENT ADVISOR | $25,943 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |