2023 Form 5500 filing — Akin Ford 401(K) Employees Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240618091118NAL0002414097001) for Akin Ford 401(K) Employees Savings Plan, reported by Akin Ford Corporation under EIN 58-0961275 and plan number 001. It reports 465 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240618091118NAL0002414097001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Akin Ford Corporation
- EIN
- 58-0961275
- Plan number
- 001
- Location
- Winder, GA
- Participants
- 465
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,473,228
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,473,228
- Participant contributions
- $1,384,654
- Total income / additions
- $3,037,363
- Benefits paid
- $899,373
- Administrative expenses
- $63,210
- Total expenses
- $962,583
- Net increase / (decrease)
- $2,074,780
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James | INVESTMENT ADVISOR | $41,084 | not reported in the loaded dataset |
| The Retirement Advantage Inc. | CONTRACT ADMIN | $11,114 | $10,000 |
| Empower Annuity Insurance Company | RECORDKEEPER | $6,216 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,797 | not reported in the loaded dataset |