Alku 401(K) Plan — Form 5500 plan (Alku, LLC)

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, Alku 401(K) Plan is a benefit plan reported by Alku, LLC under EIN 26-1250834 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,377 participants and $51,815,136 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alku, LLC
EIN
26-1250834
Plan number
001
Plan type
2
Location
Andover, MA
Latest filing year
2023
Participants
2,377
End-of-year plan assets
$51,815,136

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,377H, C20240926135217NAL0001361888001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,815,136
Total liabilities (EOY)
$0
Net assets (EOY)
$51,815,136
Net assets (BOY)
$37,386,064

Income & contributions

Employer contributions
$912,412
Participant contributions
$11,113,998
Total contributions
$13,181,960
Total income / additions
$21,232,475

Expenses & distributions

Benefits paid
$6,658,412
Administrative expenses
$136,392
Total expenses
$6,803,403
Net increase / (decrease)
$14,429,072

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
OsaicADVISOR$81,810not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$44,030$02023
Bdo Usa P.C.AUDITOR$10,552not reported in the loaded dataset2023

Related Form 5500 pages