Avid Technology Professionals 401(K) Plan — Form 5500 plan (Avid Technology Professionals, LLC)
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, Avid Technology Professionals 401(K) Plan is a benefit plan reported by Avid Technology Professionals, LLC under EIN 05-0581091 and plan number 001. The latest loaded filing year is 2023. The filing reports 65 participants and $14,282,969 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Avid Technology Professionals, LLC
- EIN
- 05-0581091
- Plan number
- 001
- Plan type
- 2
- Location
- Ellicott City, MD
- Latest filing year
- 2023
- Participants
- 65
- End-of-year plan assets
- $14,282,969
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 65 | I | 20241004220636NAL0020603840001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $14,282,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,282,969
- Net assets (BOY)
- $11,966,045
Income & contributions
- Employer contributions
- $428,201
- Participant contributions
- $603,324
- Total income / additions
- $3,645,455
Expenses & distributions
- Benefits paid
- $1,325,289
- Administrative expenses
- $3,154
- Total expenses
- $1,328,531
- Net increase / (decrease)
- $2,316,924
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.