2023 Form 5500 filing — Advanced Network Management, Inc 401(K) Profit Sharing 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 20240925051934NAL0013885537001) for Advanced Network Management, Inc 401(K) Profit Sharing Plan, reported by Advanced Network Management Inc. under EIN 85-0427142 and plan number 001. It reports 303 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)$20MReported net assets$20,048,672
Participants303
Provider compensation$96.3K3 Schedule C row(s)$96,324
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240925051934NAL0013885537001
Plan sponsor
Advanced Network Management Inc.
EIN
85-0427142
Plan number
001
Location
Albuquerque, NM
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)$20M total assets
Net assets$20MLiabilities$0
Money in vs. money out
Total income / additions$7.4M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$1.1M
Participant$2.6M
Full reported line items
Total assets (EOY)
$20,048,672
Total liabilities (EOY)
$0
Net assets (EOY)
$20,048,672
Employer contributions
$1,127,001
Participant contributions
$2,604,275
Total income / additions
$7,397,224
Benefits paid
$1,131,852
Administrative expenses
$96,326
Total expenses
$1,239,561
Net increase / (decrease)
$6,157,663

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Adp, Inc.RECORD KEEPER$51,075$0
Jackson & Associates, Inc.INVESTMENT/FINANCIAL ADVI$45,249$0
Td Ameritrade, Inc.SECURITES BROKER$0$0

Related Form 5500 pages