2023 Form 5500 filing — Aras Corporation 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 20241009160516NAL0009387299001) for Aras Corporation 401(K) Plan, reported by Aras Corporation under EIN 04-3509904 and plan number 001. It reports 250 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009160516NAL0009387299001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Aras Corporation
- EIN
- 04-3509904
- Plan number
- 001
- Location
- Andover, MA
- Participants
- 250
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,757,268
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,757,268
- Participant contributions
- $2,066,539
- Total income / additions
- $4,399,651
- Benefits paid
- $582,977
- Administrative expenses
- $1,925
- Total expenses
- $590,526
- Net increase / (decrease)
- $3,809,125
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $38,155 |
| Ascensus C/O Future Plan | THIRD PARTY ADMINISTRATO | $0 | $5,526 |