Academy Mortgage Corporation Profit Sharing 401(K) Plan — Form 5500 plan (Academy Mortgage 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, Academy Mortgage Corporation Profit Sharing 401(K) Plan is a benefit plan reported by Academy Mortgage Corporation under EIN 87-0456373 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,557 participants and $161,039,088 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Academy Mortgage Corporation
EIN
87-0456373
Plan number
001
Plan type
2
Location
Draper, UT
Latest filing year
2023
Participants
2,557
End-of-year plan assets
$161,039,088

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,557H, C20241003125921NAL0005732067001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$161,039,088
Total liabilities (EOY)
$2
Net assets (EOY)
$161,039,086
Net assets (BOY)
$154,771,878

Income & contributions

Employer contributions
$276,116
Participant contributions
$9,716,112
Total contributions
$11,470,663
Total income / additions
$38,899,258

Expenses & distributions

Benefits paid
$32,217,653
Administrative expenses
$309,059
Total expenses
$32,632,050
Net increase / (decrease)
$6,267,208

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$167,905$02023
Global Retirement Partners LLCADVISOR$141,154not reported in the loaded dataset2023

Related Form 5500 pages