The Andover Companies Employee'S Savings & Profit — Form 5500 plan (The Andover Companies)
Plain-English plan 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, The Andover Companies Employee'S Savings & Profit is a benefit plan reported by The Andover Companies under EIN 04-1614490 and plan number 002. The latest loaded filing year is 2023. The filing reports 322 participants and $69,627,750 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Andover Companies
- EIN
- 04-1614490
- Plan number
- 002
- Plan type
- 2
- Location
- Andover, MA
- Latest filing year
- 2023
- Participants
- 322
- End-of-year plan assets
- $69,627,750
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 322 | H, C | 20241010100045NAL0009886259001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $69,627,750
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $69,627,750
- Net assets (BOY)
- $56,517,686
Income & contributions
- Employer contributions
- $2,538,345
- Participant contributions
- $2,435,438
- Total contributions
- $5,185,602
- Total income / additions
- $16,484,780
Expenses & distributions
- Benefits paid
- $3,372,793
- Administrative expenses
- $350
- Total expenses
- $3,374,716
- Net increase / (decrease)
- $13,110,064
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | RECORDKEEPER | $350 | $0 | 2023 |