Affordable Business Solutions Retirement Plan — Form 5500 plan (Affordable Business Solutions, 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, Affordable Business Solutions Retirement Plan is a benefit plan reported by Affordable Business Solutions, Inc. under EIN 83-1159645 and plan number 001. The latest loaded filing year is 2023. The filing reports 478 participants and $3,629,385 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Affordable Business Solutions, Inc.
- EIN
- 83-1159645
- Plan number
- 001
- Plan type
- 2
- Location
- Macon, GA
- Latest filing year
- 2023
- Participants
- 478
- End-of-year plan assets
- $3,629,385
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 478 | H, C | 20251014183756NAL0001763987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,629,385
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,629,385
- Net assets (BOY)
- $2,977,115
Income & contributions
- Employer contributions
- $304,320
- Participant contributions
- $417,623
- Total contributions
- $759,835
- Total income / additions
- $1,237,609
Expenses & distributions
- Benefits paid
- $585,339
- Administrative expenses
- $0
- Total expenses
- $585,339
- Net increase / (decrease)
- $652,270
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameritas Life Insurance Corp | NONE | $30,397 | not reported in the loaded dataset | 2023 |
| Cannon Financial Strategists, Inc. | NONE | $11,378 | not reported in the loaded dataset | 2023 |
| Charles Schwab Bank | NONE | $805 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Affordable Business Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Macon, GA
- Ameritas Life Insurance Corp — Schedule C compensation
- Cannon Financial Strategists, Inc. — Schedule C compensation
- Charles Schwab Bank — Schedule C compensation