2023 Form 5500 filing — Air Industries Group 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 20241008132611NAL0009718643001) for Air Industries Group 401(K) Plan, reported by Air Industries Group under EIN 80-0948413 and plan number 001. It reports 243 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008132611NAL0009718643001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Air Industries Group
- EIN
- 80-0948413
- Plan number
- 001
- Location
- Bay Shore, NY
- Participants
- 243
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,952,522
- Total liabilities (EOY)
- $29,995
- Net assets (EOY)
- $7,922,527
- Employer contributions
- $0
- Participant contributions
- $580,714
- Total income / additions
- $1,666,441
- Benefits paid
- $491,426
- Administrative expenses
- $37,681
- Total expenses
- $574,783
- Net increase / (decrease)
- $1,091,658
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Ins | RECORDKEEPER | $28,986 | $0 |
| Cambridge Investment Research Inc | BROKER/ADVISER | $0 | $12,960 |
| Ascensus Holdings Inc Dba | CONTRACT ADMIN | $5,635 | not reported in the loaded dataset |
| Leafhouse Financial Advisors, LLC | OTHER | $3,519 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MGMT | $3,051 | not reported in the loaded dataset |