Plan5500

American Consumer Credit Counseling 401(K) Profit Sharing Plan And Trust — Form 5500 plan (American Consumer Credit Counseling)

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, American Consumer Credit Counseling 401(K) Profit Sharing Plan And Trust is a benefit plan reported by American Consumer Credit Counseling under EIN 04-3166982 and plan number 001. The latest loaded filing year is 2023. The filing reports 160 participants and $6,247,406 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,238,853
Participants160Covered participants reported
Assets / participant$39KComputed: assets ÷ participants$39,046 (computed)
Provider compensation$30.8K2 Schedule C provider row(s)$30,776
Plan sponsor
American Consumer Credit Counseling
EIN
04-3166982
Plan number
001
Plan type
2
Location
Auburndale, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023160H, C20241015150152NAL0014908947001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.2M total assets
Net assets$6.2MLiabilities$8.6K
Money in vs. money out
Total income / additions$1.5M
Total expenses$178.9K
Benefits paid / distributions$139.5K
Contributions
Employer$123.5K
Participant$431K
Full reported line items

Net assets

Total assets (EOY)
$6,247,406
Total liabilities (EOY)
$8,553
Net assets (EOY)
$6,238,853
Net assets (BOY)
$4,956,526

Income & contributions

Employer contributions
$123,459
Participant contributions
$430,956
Total contributions
$554,415
Total income / additions
$1,461,204

Expenses & distributions

Benefits paid
$139,548
Administrative expenses
$30,776
Total expenses
$178,877
Net increase / (decrease)
$1,282,327
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 22%Participant 78%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cambridge Investment AdvisorNONE$26,590not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$4,186$02023

Related Form 5500 pages