2023 Form 5500 filing — Employee Stock Ownership Plan Of Applied Research Associates, Inc.
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 20250626135909NAL0021579602001) for Employee Stock Ownership Plan Of Applied Research Associates, Inc., reported by Applied Research Associates, Inc. under EIN 85-0276434 and plan number 003. It reports 2,087 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250626135909NAL0021579602001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Applied Research Associates, Inc.
- EIN
- 85-0276434
- Plan number
- 003
- Location
- Albuquerque, NM
- Participants
- 2,087
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $605,825,813
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $605,825,813
- Employer contributions
- $19,979,133
- Total income / additions
- $165,620,836
- Benefits paid
- $14,008,979
- Administrative expenses
- $308,888
- Total expenses
- $14,317,867
- Net increase / (decrease)
- $151,302,969
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transition Finance Strategies LLC | NONE | $112,776 | not reported in the loaded dataset |
| Stout Resius Ross, Inc. | NONE | $92,878 | not reported in the loaded dataset |
| Alerus Trust | NONE | $50,000 | not reported in the loaded dataset |
| Kpmg Llp | NONE | $44,933 | not reported in the loaded dataset |
| Polsinelli Pc | NONE | $8,226 | not reported in the loaded dataset |