Area Five Agency 401(K) Plan — Form 5500 plan (Area Five Agency On Aging & Community Services, 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, Area Five Agency 401(K) Plan is a benefit plan reported by Area Five Agency On Aging & Community Services, Inc. under EIN 23-7444508 and plan number 003. The latest loaded filing year is 2023. The filing reports 144 participants and $3,064,974 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.1MPlan net assets, end of year$3,064,940
Participants144Covered participants reported
Assets / participant$21.3KComputed: assets ÷ participants$21,285 (computed)
Provider compensationNone reported
Plan sponsor
Area Five Agency On Aging & Community Services, Inc.
EIN
23-7444508
Plan number
003
Plan type
2
Location
Logansport, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023144H20240717114747NAL0002337779001
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)$3.1M total assets
Net assets$3.1MLiabilities$34
Money in vs. money out
Total income / additions$686.7K
Total expenses$246.5K
Benefits paid / distributions$232.8K
Contributions
Employer$163.5K
Participant$82.5K
Full reported line items

Net assets

Total assets (EOY)
$3,064,974
Total liabilities (EOY)
$34
Net assets (EOY)
$3,064,940
Net assets (BOY)
$2,624,701

Income & contributions

Employer contributions
$163,504
Participant contributions
$82,512
Total contributions
$280,201
Total income / additions
$686,712

Expenses & distributions

Benefits paid
$232,838
Administrative expenses
$13,371
Total expenses
$246,473
Net increase / (decrease)
$440,239
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 66%Participant 34%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income34%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages