2023 Form 5500 filing — American Payroll Service 401(K) Retirement 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 20241014150247NAL0015165123001) for American Payroll Service 401(K) Retirement Plan, reported by American Payroll Service LLC under EIN 47-1078916 and plan number 001. It reports 164 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014150247NAL0015165123001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- American Payroll Service LLC
- EIN
- 47-1078916
- Plan number
- 001
- Location
- Mayfield Heights, OH
- Participants
- 164
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,887,641
- Total liabilities (EOY)
- $4,649
- Net assets (EOY)
- $6,882,992
- Employer contributions
- $303,783
- Participant contributions
- $378,619
- Total income / additions
- $1,586,444
- Benefits paid
- $281,816
- Administrative expenses
- $68,954
- Total expenses
- $355,419
- Net increase / (decrease)
- $1,231,025
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cohen And Co | SERVICE PROVIDER | $13,751 | not reported in the loaded dataset |
| Qualified Plan Consultants, LLC | TPA | $0 | $3,487 |