2023 Form 5500 filing — America Chung Nam, LLC. 401(K) And Profit Sharing 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 20241014202946NAL0027110529001) for America Chung Nam, LLC. 401(K) And Profit Sharing Plan, reported by America Chung Nam, LLC. under EIN 33-0398523 and plan number 001. It reports 128 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014202946NAL0027110529001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- America Chung Nam, LLC.
- EIN
- 33-0398523
- Plan number
- 001
- Location
- City Of Industry, CA
- Participants
- 128
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,202,814
- Total liabilities (EOY)
- $46
- Net assets (EOY)
- $12,202,768
- Employer contributions
- $56,070
- Participant contributions
- $465,232
- Total income / additions
- $2,356,701
- Benefits paid
- $982,892
- Administrative expenses
- $41,266
- Total expenses
- $1,024,158
- Net increase / (decrease)
- $1,332,543
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rpa Financial LLC | INVESTMENT AD VISORY | $20,623 | $5 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,729 | $0 |
| California Benefit Planners | CONTRACT ADMINISTRATOR | $911 | $9,100 |