American Future Systems, Inc. 401(K) Savings And Profit Sharing Plan — Form 5500 plan (American Future Systems, Inc. Dba Successfuel)

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, American Future Systems, Inc. 401(K) Savings And Profit Sharing Plan is a benefit plan reported by American Future Systems, Inc. Dba Successfuel under EIN 23-1897431 and plan number 001. The latest loaded filing year is 2023. The filing reports 355 participants and $16,719,210 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.7MPlan net assets, end of year$16,719,210
Participants355Covered participants reported
Assets / participant$47.1KComputed: assets ÷ participants$47,096 (computed)
Provider compensation$77.6K3 Schedule C provider row(s)$77,563
Plan sponsor
American Future Systems, Inc. Dba Successfuel
EIN
23-1897431
Plan number
001
Plan type
2
Location
King Of Prussia, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023355H, C20241011090856NAL0010755683001
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)$16.7M total assets
Net assets$16.7MLiabilities$0
Money in vs. money out
Total income / additions$3.1M
Total expenses$2.6M
Benefits paid / distributions$2.5M
Contributions
Employer$113.4K
Participant$456K
Full reported line items

Net assets

Total assets (EOY)
$16,719,210
Total liabilities (EOY)
$0
Net assets (EOY)
$16,719,210
Net assets (BOY)
$16,226,316

Income & contributions

Employer contributions
$113,415
Participant contributions
$456,004
Total contributions
$569,419
Total income / additions
$3,070,158

Expenses & distributions

Benefits paid
$2,497,278
Administrative expenses
$77,563
Total expenses
$2,577,264
Net increase / (decrease)
$492,894
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 20%Participant 80%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income81%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$52,750$02023
Marcum LlpSERVICE PROVIDER$16,640not reported in the loaded dataset2023
Envestnet Retirement Solutions, LLCSERVICE PROVIDER$8,173not reported in the loaded dataset2023

Related Form 5500 pages