2023 Form 5500 filing — Act1 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 20241015132629NAL0016485843001) for Act1 401(K) Plan, reported by Act1 Federal LLC under EIN 74-2868948 and plan number 005. It reports 345 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132629NAL0016485843001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Act1 Federal LLC
- EIN
- 74-2868948
- Plan number
- 005
- Location
- Arlington, VA
- Participants
- 345
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,602,788
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,602,788
- Employer contributions
- $699,969
- Participant contributions
- $1,939,292
- Total income / additions
- $5,639,683
- Benefits paid
- $1,509,946
- Administrative expenses
- $111,584
- Total expenses
- $1,672,698
- Net increase / (decrease)
- $3,966,985
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $64,479 | $0 |
| Morgan Stanley Global Banking | INVESTMENT ADVISORY | $39,692 | not reported in the loaded dataset |
| Resource Benefits Administrators | THIRD PARTY ADMINISTRATO | $7,413 | not reported in the loaded dataset |