2023 Form 5500 filing — Akal 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 20241014134110NAL0046180736001) for Akal Inc. 401(K) Plan, reported by Akal Security, Inc. under EIN 85-0279473 and plan number 005. It reports 463 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.7MReported net assets$8,687,953
Participants463
Provider compensation$54K2 Schedule C row(s)$53,955
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014134110NAL0046180736001
Plan sponsor
Akal Security, Inc.
EIN
85-0279473
Plan number
005
Location
Santa Cruz, NM
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.7M total assets
Net assets$8.7MLiabilities$31K
Money in vs. money out
Total income / additions$1.3M
Total expenses$3.4M
Benefits paid / distributions$3.3M
Full reported line items
Total assets (EOY)
$8,718,949
Total liabilities (EOY)
$30,996
Net assets (EOY)
$8,687,953
Total income / additions
$1,298,367
Benefits paid
$3,299,904
Administrative expenses
$61,521
Total expenses
$3,361,425
Net increase / (decrease)
-$2,063,058
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $45.5K
  2. 2
    AUDITOR · Direct $8.5K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014134110NAL0046180736001 cover?
It is the 2023 Form 5500 filing for Akal Inc. 401(K) Plan, reported by Akal Security, Inc. (EIN 85-0279473).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages