2023 Form 5500 filing — Amg, Inc 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 20241010101112NAL0009894995001) for Amg, Inc 401(K) Plan, reported by Amg, Inc. under EIN 54-1044632 and plan number 002. It reports 131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010101112NAL0009894995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Amg, Inc.
- EIN
- 54-1044632
- Plan number
- 002
- Location
- Lynchburg, VA
- Participants
- 131
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,674,187
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,674,187
- Employer contributions
- $197,157
- Participant contributions
- $613,311
- Total income / additions
- $2,349,611
- Benefits paid
- $180,581
- Administrative expenses
- $71,060
- Total expenses
- $251,641
- Net increase / (decrease)
- $2,097,970
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| American Trust | NONE | $41,141 | $0 |
| Financial Designs, Inc. | NONE | $31,918 | not reported in the loaded dataset |
| Hci-Ebs, Inc. | NONE | $2,090 | not reported in the loaded dataset |