2023 Form 5500 filing — American Fibertech Corporation 401(K) 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 20240703081516NAL0004173043001) for American Fibertech Corporation 401(K) Plan, reported by American Fibertech Corporation under EIN 35-1691687 and plan number 001. It reports 502 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$5.8MReported net assets$5,786,832
Participants502
Provider compensation$33.5K2 Schedule C row(s)$33,480
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240703081516NAL0004173043001
- Plan sponsor
- American Fibertech Corporation
- EIN
- 35-1691687
- Plan number
- 001
- Location
- Clarks Hill, IN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$5.8M total assets
Net assets$5.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,786,832
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,786,832
- Employer contributions
- $390,630
- Participant contributions
- $667,628
- Total income / additions
- $1,900,128
- Benefits paid
- $386,330
- Administrative expenses
- $33,480
- Total expenses
- $419,810
- Net increase / (decrease)
- $1,480,318
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Shepherd Financial Investment | ADVISOR | $17,574 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $15,906 | not reported in the loaded dataset |