Automated Financial Systems, Inc. 401(K) Salary Reduction Plan — Form 5500 plan (Automated Financial Systems, 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, Automated Financial Systems, Inc. 401(K) Salary Reduction Plan is a benefit plan reported by Automated Financial Systems, Inc. under EIN 23-1724335 and plan number 001. The latest loaded filing year is 2023. The filing reports 404 participants and $76,821,412 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Automated Financial Systems, Inc.
EIN
23-1724335
Plan number
001
Plan type
2
Location
Exton, PA
Latest filing year
2023
Participants
404
End-of-year plan assets
$76,821,412

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023404H, C20240722115219NAL0017405248001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$76,821,412
Total liabilities (EOY)
$0
Net assets (EOY)
$76,821,412
Net assets (BOY)
$70,738,779

Income & contributions

Employer contributions
$856,614
Participant contributions
$3,739,720
Total contributions
$5,309,710
Total income / additions
$17,483,463

Expenses & distributions

Benefits paid
$11,318,813
Administrative expenses
$82,017
Total expenses
$11,400,830
Net increase / (decrease)
$6,082,633

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Integrated Wealth Concepts LLCADVISOR$61,416not reported in the loaded dataset2023
Rkl LlpACCOUNTANT/AUDITOR$14,363not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$6,287$02023

Related Form 5500 pages