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, Adara, Inc. 401(K) & Profit Sharing Plan is a benefit plan reported by Adara, Inc. under EIN 20-3602833 and plan number 001. The latest loaded filing year is 2023. The filing reports 242 participants and $2,254,589 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,254,589
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,254,589
- Net assets (BOY)
- $8,044,279
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $37,362
- Total contributions
- $37,362
- Total income / additions
- $872,352
Expenses & distributions
- Benefits paid
- $6,633,475
- Administrative expenses
- $28,567
- Total expenses
- $6,662,042
- Net increase / (decrease)
- -$5,789,690