Always Answer 401(K) Profit Sharing Plan — Form 5500 plan (Always Answer, 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, Always Answer 401(K) Profit Sharing Plan is a benefit plan reported by Always Answer, Inc. under EIN 75-2207209 and plan number 001. The latest loaded filing year is 2023. The filing reports 208 participants and $6,051,326 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.1MPlan net assets, end of year$6,051,326
Participants208Covered participants reported
Assets / participant$29.1KComputed: assets ÷ participants$29,093 (computed)
Provider compensation$22.1K4 Schedule C provider row(s)$22,072
- Plan sponsor
- Always Answer, Inc.
- EIN
- 75-2207209
- Plan number
- 001
- Plan type
- 2
- Location
- Duncanville, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 208 | H, C | 20240815210612NAL0023355824001 |
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)$6.1M total assets
Net assets$6.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,051,326
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,051,326
- Net assets (BOY)
- $5,066,569
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $188,547
- Total contributions
- $188,547
- Total income / additions
- $1,115,806
Expenses & distributions
- Benefits paid
- $106,392
- Administrative expenses
- $18,341
- Total expenses
- $131,049
- Net increase / (decrease)
- $984,757
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.
100%
Employer 0%Participant 100%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Always Answer Inc | OTHER | $15,763 | not reported in the loaded dataset | 2023 |
| Loren D Stark Company | CONTRACT ADMIN | $2,444 | $2,636 | 2023 |
| Empower Annuity Insurance Co.Of Ame | RECORDKEEPER | $1,188 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $41 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Always Answer, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Duncanville, TX
- Always Answer Inc — Schedule C compensation
- Loren D Stark Company — Schedule C compensation
- Empower Annuity Insurance Co.Of Ame — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation