2023 Form 5500 filing — Altrust Financial Services, 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 20241001132037NAL0014086962001) for Altrust Financial Services, Inc. 401(K) Profit Sharing Plan, reported by Altrust Financial Services, Inc. under EIN 63-0923450 and plan number 002. It reports 295 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001132037NAL0014086962001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Altrust Financial Services, Inc.
- EIN
- 63-0923450
- Plan number
- 002
- Location
- Cullman, AL
- Participants
- 295
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,795,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,795,473
- Employer contributions
- $245,681
- Participant contributions
- $783,631
- Total income / additions
- $2,356,538
- Benefits paid
- $460,310
- Administrative expenses
- $53,386
- Total expenses
- $513,696
- Net increase / (decrease)
- $1,842,842
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Osaic Wealth, Inc | INVESTMENT ADVISOR | $23,652 | not reported in the loaded dataset |
| Mauldin & Jenkins LLC | AUDITOR | $12,875 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $8,860 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $7,999 | $0 |