Allient Incorporated 401(K) Tax Advantaged Investment Plan — Form 5500 plan (Allient Inc. (F/K/A/ Allied Motion Technologies 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, Allient Incorporated 401(K) Tax Advantaged Investment Plan is a benefit plan reported by Allient Inc. (F/K/A/ Allied Motion Technologies Inc.) under EIN 84-0518115 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,163 participants and $105,926,389 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Allient Inc. (F/K/A/ Allied Motion Technologies Inc.)
EIN
84-0518115
Plan number
003
Plan type
2
Location
Amherst, NY
Latest filing year
2023
Participants
1,163
End-of-year plan assets
$105,926,389

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,163H, C20241014080514NAL0012996419001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$105,926,389
Total liabilities (EOY)
$0
Net assets (EOY)
$105,926,389
Net assets (BOY)
$89,676,143

Income & contributions

Employer contributions
$2,674,591
Participant contributions
$5,657,432
Total contributions
$8,672,427
Total income / additions
$24,875,560

Expenses & distributions

Benefits paid
$9,652,420
Administrative expenses
$84,208
Total expenses
$9,741,069
Net increase / (decrease)
$15,134,491

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$76,251$02023
Global Retirement Partners, LLCINVESTMENT ADVISOR$7,957not reported in the loaded dataset2023

Related Form 5500 pages