2023 Form 5500 filing — Albuquerque Asphalt, Inc. 401(K) 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 20251008114242NAL0005493265001) for Albuquerque Asphalt, Inc. 401(K) Profit Sharing Plan, reported by Albuquerque Asphalt, Inc. under EIN 85-0285175 and plan number 001. It reports 151 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251008114242NAL0005493265001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Albuquerque Asphalt, Inc.
- EIN
- 85-0285175
- Plan number
- 001
- Location
- Albuquerque, NM
- Participants
- 151
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,843,270
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,843,270
- Employer contributions
- $286,937
- Participant contributions
- $603,790
- Total income / additions
- $1,636,199
- Benefits paid
- $237,976
- Administrative expenses
- $39,518
- Total expenses
- $277,494
- Net increase / (decrease)
- $1,358,705
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Heartland Consultants | INVESTMENT ADVISORY | $24,095 | $4 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $13,887 | $0 |
| Pension Planning Consultants, Inc. | CONTRACT ADMINISTRATOR | $3,533 | $1,912 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | not reported in the loaded dataset | not reported in the loaded dataset |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |
| First Heartland Consultants, Inc | INVESTMENT ADVISORY | not reported in the loaded dataset | not reported in the loaded dataset |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | not reported in the loaded dataset | not reported in the loaded dataset |