Adapt 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Adapt)
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, Adapt 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Adapt under EIN 93-0611783 and plan number 002. The latest loaded filing year is 2023. The filing reports 558 participants and $18,035,608 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Adapt
- EIN
- 93-0611783
- Plan number
- 002
- Plan type
- 2
- Location
- Roseburg, OR
- Latest filing year
- 2023
- Participants
- 558
- End-of-year plan assets
- $18,035,608
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 558 | H, C | 20241013103343NAL0012390163001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,035,608
- Total liabilities (EOY)
- $30,192
- Net assets (EOY)
- $18,005,416
- Net assets (BOY)
- $13,454,445
Income & contributions
- Employer contributions
- $1,402,741
- Participant contributions
- $1,760,168
- Total contributions
- $3,243,187
- Total income / additions
- $5,681,730
Expenses & distributions
- Benefits paid
- $1,041,850
- Administrative expenses
- $76,198
- Total expenses
- $1,130,759
- Net increase / (decrease)
- $4,550,971
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial | ADVISOR | $49,453 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $21,445 | not reported in the loaded dataset | 2023 |