2023 Form 5500 filing — Ace Industrial Supply, 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 20240926112146NAL0000572561001) for Ace Industrial Supply, Inc. 401(K) Profit Sharing Plan, reported by Ace Industrial Supply Inc under EIN 41-2161289 and plan number 001. It reports 302 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926112146NAL0000572561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ace Industrial Supply Inc
- EIN
- 41-2161289
- Plan number
- 001
- Location
- Burbank, CA
- Participants
- 302
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,280,448
- Net assets (EOY)
- $3,280,448
- Employer contributions
- $134,614
- Participant contributions
- $464,375
- Total income / additions
- $1,063,270
- Benefits paid
- $94,938
- Administrative expenses
- $39,464
- Total expenses
- $172,878
- Net increase / (decrease)
- $890,392
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $13,489 | $500 |
| Pension Assurance Llp | AUDITOR | $11,000 | not reported in the loaded dataset |
| Raymond James Fsa | REGISTERED INVESTMENT ADV | $10,363 | $0 |
| Nova 401k Associates | THIRD PARTY ADMINISTRATOR | $0 | $10,063 |