Aleron 401(K) Savings And Retirement Plan — Form 5500 plan (Acara Solutions, Inc.)

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, Aleron 401(K) Savings And Retirement Plan is a benefit plan reported by Acara Solutions, Inc. under EIN 16-0852507 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,930 participants and $24,809,845 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Acara Solutions, Inc.
EIN
16-0852507
Plan number
001
Plan type
2
Location
Williamsville, NY
Latest filing year
2023
Participants
4,930
End-of-year plan assets
$24,809,845

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,930H, C20241009154537NAL0037576802001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,809,845
Total liabilities (EOY)
$167,669
Net assets (EOY)
$24,642,176
Net assets (BOY)
$24,911,994

Income & contributions

Employer contributions
$129,155
Participant contributions
$2,379,152
Total contributions
$2,871,050
Total income / additions
$7,172,761

Expenses & distributions

Benefits paid
$7,150,669
Administrative expenses
$124,241
Total expenses
$7,442,579
Net increase / (decrease)
-$269,818

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$113,964$02023
Global Retirement PartneINVESTMENT ADVISORY$10,280$23,9232023

Related Form 5500 pages