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, Adair Homes, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Adair Homes, Inc. under EIN 91-0868125 and plan number 001. The latest loaded filing year is 2023. The filing reports 190 participants and $6,852,603 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,852,603
- Total liabilities (EOY)
- $70
- Net assets (EOY)
- $6,852,533
- Net assets (BOY)
- $5,439,706
Income & contributions
- Employer contributions
- $146,886
- Participant contributions
- $673,195
- Total contributions
- $877,888
- Total income / additions
- $2,368,923
Expenses & distributions
- Benefits paid
- $916,632
- Administrative expenses
- $39,464
- Total expenses
- $956,096
- Net increase / (decrease)
- $1,412,827