2023 Form 5500 filing — Advantage 401(K) 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 20240910152017NAL0003076595001) for Advantage 401(K) Savings Plan, reported by Advantage Sales & Marketing, LLC under EIN 33-0777131 and plan number 001. It reports 37,314 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910152017NAL0003076595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Advantage Sales & Marketing, LLC
- EIN
- 33-0777131
- Plan number
- 001
- Location
- Irvine, CA
- Participants
- 37,314
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $781,181,870
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $781,181,870
- Employer contributions
- $13,543,028
- Participant contributions
- $48,723,838
- Total income / additions
- $184,465,951
- Benefits paid
- $89,134,872
- Administrative expenses
- $1,205,501
- Total expenses
- $93,477,587
- Net increase / (decrease)
- $90,988,364
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $1,205,501 | $10,400 |
| Sageview Advisory Group, LLC | INVESTMENT ADVISORY | $0 | $150,000 |
| Wright Ford Young & Co. | ACCOUNTANT | $0 | $35,000 |