American Reading Company, Inc. Employee Stock Ownership Plan — Form 5500 plan (American Reading Company, 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, American Reading Company, Inc. Employee Stock Ownership Plan is a benefit plan reported by American Reading Company, Inc. under EIN 23-2965253 and plan number 002. The latest loaded filing year is 2023. The filing reports 296 participants and $3,500,463 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$57.7MPlan net assets, end of year-$57,740,763
Participants296Covered participants reported
Assets / participant$11.8KComputed: assets ÷ participants$11,826 (computed)
Provider compensationNone reported
- Plan sponsor
- American Reading Company, Inc.
- EIN
- 23-2965253
- Plan number
- 002
- Plan type
- 2
- Location
- Blue Bell, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 296 | H | 20240912112428NAL0010058977001 |
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)$3.5M total assets
Net assets-$57.7MLiabilities$61.2M
Full reported line items
Net assets
- Total assets (EOY)
- $3,500,463
- Total liabilities (EOY)
- $61,241,226
- Net assets (EOY)
- -$57,740,763
- Net assets (BOY)
- -$49,286,910
Income & contributions
- Employer contributions
- $4,319,085
- Total contributions
- $4,319,085
- Total income / additions
- -$6,476,425
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $0
- Total expenses
- $1,977,428
- Net increase / (decrease)
- -$8,453,853
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.