2023 Form 5500 filing — Akg North America, 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 20241010102440NAL0011372403001) for Akg North America, Inc. 401(K) Plan, reported by Akg North America, Inc. under EIN 13-3102380 and plan number 001. It reports 776 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010102440NAL0011372403001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Akg North America, Inc.
- EIN
- 13-3102380
- Plan number
- 001
- Location
- Mebane, NC
- Participants
- 776
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,265,658
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,265,658
- Employer contributions
- $1,743,406
- Participant contributions
- $2,278,417
- Total income / additions
- $8,854,979
- Benefits paid
- $2,978,699
- Administrative expenses
- $142,114
- Total expenses
- $3,126,443
- Net increase / (decrease)
- $5,728,536
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Clearing Services LLC | ADVISOR | $76,028 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $66,086 | not reported in the loaded dataset |