Advanced Distribution Systems, Inc. Incentive Savings Trust — Form 5500 plan (Advanced Distribution Systems, I)

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, Advanced Distribution Systems, Inc. Incentive Savings Trust is a benefit plan reported by Advanced Distribution Systems, I under EIN 06-1009044 and plan number 004. The latest loaded filing year is 2023. The filing reports 257 participants and $6,348,274 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.3MPlan net assets, end of year$6,348,274
Participants257Covered participants reported
Assets / participant$24.7KComputed: assets ÷ participants$24,701 (computed)
Provider compensation$21.9K3 Schedule C provider row(s)$21,865
Plan sponsor
Advanced Distribution Systems, I
EIN
06-1009044
Plan number
004
Plan type
2
Location
Stamford, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023257H, C20240926054136NAL0000188131001
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)$6.3M total assets
Net assets$6.3MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$583.5K
Benefits paid / distributions$555.6K
Contributions
Employer$257.8K
Participant$240.3K
Full reported line items

Net assets

Total assets (EOY)
$6,348,274
Total liabilities (EOY)
$0
Net assets (EOY)
$6,348,274
Net assets (BOY)
$5,687,653

Income & contributions

Employer contributions
$257,823
Participant contributions
$240,299
Total contributions
$498,122
Total income / additions
$1,244,137

Expenses & distributions

Benefits paid
$555,633
Administrative expenses
$21,472
Total expenses
$583,516
Net increase / (decrease)
$660,621
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 52%Participant 48%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$15,220$1,3382023
Adp, Inc.RECORD KEEPER$5,307$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages