2023 Form 5500 filing — Akf Savings And Investment 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 20240917153301NAL0006972146004) for Akf Savings And Investment Plan, reported by Akf Group LLC under EIN 20-8152697 and plan number 001. It reports 476 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917153301NAL0006972146004
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Akf Group LLC
- EIN
- 20-8152697
- Plan number
- 001
- Location
- New York, NY
- Participants
- 476
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $63,805,813
- Net assets (EOY)
- $63,805,813
- Employer contributions
- $566,599
- Participant contributions
- $3,606,804
- Total income / additions
- $13,968,596
- Benefits paid
- $5,124,258
- Administrative expenses
- $77,149
- Total expenses
- $5,201,407
- Net increase / (decrease)
- $8,767,189
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Wealth Management | CONSULTANT | $68,224 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORDKEEPER | $8,925 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |