Advanced Network Management, Inc 401(K) Profit Sharing Plan — Form 5500 plan (Advanced Network Management 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, Advanced Network Management, Inc 401(K) Profit Sharing Plan is a benefit plan reported by Advanced Network Management Inc. under EIN 85-0427142 and plan number 001. The latest loaded filing year is 2023. The filing reports 303 participants and $20,048,672 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$20MPlan net assets, end of year$20,048,672
Participants303Covered participants reported
Assets / participant$66.2KComputed: assets ÷ participants$66,167 (computed)
Provider compensation$96.3K3 Schedule C provider row(s)$96,324
- Plan sponsor
- Advanced Network Management Inc.
- EIN
- 85-0427142
- Plan number
- 001
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 303 | H, C | 20240925051934NAL0013885537001 |
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)$20M total assets
Net assets$20MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $20,048,672
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,048,672
- Net assets (BOY)
- $13,891,009
Income & contributions
- Employer contributions
- $1,127,001
- Participant contributions
- $2,604,275
- Total contributions
- $4,628,693
- Total income / additions
- $7,397,224
Expenses & distributions
- Benefits paid
- $1,131,852
- Administrative expenses
- $96,326
- Total expenses
- $1,239,561
- Net increase / (decrease)
- $6,157,663
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.
30%70%
Employer 30%Participant 70%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $51,075 | $0 | 2023 |
| Jackson & Associates, Inc. | INVESTMENT/FINANCIAL ADVI | $45,249 | $0 | 2023 |
| Td Ameritrade, Inc. | SECURITES BROKER | $0 | $0 | 2023 |