2023 Form 5500 filing — Ascend Retirement Savings 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 20240919124435NAL0003562147001) for Ascend Retirement Savings 401(K) Plan, reported by Ascend Leasing, LLC under EIN 62-1148454 and plan number 002. It reports 1,380 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919124435NAL0003562147001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ascend Leasing, LLC
- EIN
- 62-1148454
- Plan number
- 002
- Location
- Jackson, TN
- Participants
- 1,380
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,473,295
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,473,295
- Employer contributions
- $679,962
- Participant contributions
- $2,563,466
- Total income / additions
- $5,302,885
- Benefits paid
- $3,387,190
- Administrative expenses
- $140,675
- Total expenses
- $3,539,350
- Net increase / (decrease)
- $1,763,535
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $120,484 | $0 |
| Pension Consultants Inc | RETAINED BY EMPLOYER | $12,691 | not reported in the loaded dataset |
| Ata, Pllc | RETAINED BY EMPLOYER | $7,500 | not reported in the loaded dataset |