2023 Form 5500 filing — Adcom Employees' Savings 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 20241010080310NAL0011282563001) for Adcom Employees' Savings Plan, reported by Adcom, Inc. under EIN 58-1634997 and plan number 001. It reports 132 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010080310NAL0011282563001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Adcom, Inc.
- EIN
- 58-1634997
- Plan number
- 001
- Location
- Norcross, GA
- Participants
- 132
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Participant contributions
- $445,750
- Total income / additions
- $1,204,947
- Benefits paid
- $5,709,859
- Administrative expenses
- $49,916
- Total expenses
- $5,775,217
- Net increase / (decrease)
- -$4,570,270
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cbiz Benefits & Ins Services Inc. | CONTRACT ADMIN | $24,931 | not reported in the loaded dataset |
| Cbiz Investment Advisory Serv LLC | INVESTMENT ADVISOR | $13,024 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,882 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $5,524 | $0 |