Answernet 401(K) Savings Plan — Form 5500 plan (Answernet, 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, Answernet 401(K) Savings Plan is a benefit plan reported by Answernet, Inc. under EIN 23-2967465 and plan number 001. The latest loaded filing year is 2023. The filing reports 856 participants and $2,069,175 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Answernet, Inc.
EIN
23-2967465
Plan number
001
Plan type
2
Location
Willow Grove, PA
Latest filing year
2023
Participants
856
End-of-year plan assets
$2,069,175

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023856H, C20241014151853NAL0052865650001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,069,175
Total liabilities (EOY)
$30,024
Net assets (EOY)
$2,039,151
Net assets (BOY)
$1,243,301

Income & contributions

Employer contributions
$98,556
Participant contributions
$399,760
Total contributions
$709,493
Total income / additions
$959,050

Expenses & distributions

Benefits paid
$151,251
Administrative expenses
$5,559
Total expenses
$163,200
Net increase / (decrease)
$795,850

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Atlantic Pension Services, Inc.CONTRACT ADMIN$0$8142023
Morningstar, Inc.BROKER/ADVISER$16$2562023
Voya Retirement InsuranceSERVICE PROVIDER$0$02023

Related Form 5500 pages