Advanced Elements, Inc. Employee Stock Ownership Plan — Form 5500 plan (Advanced Elements, 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, Advanced Elements, Inc. Employee Stock Ownership Plan is a benefit plan reported by Advanced Elements, Inc. under EIN 26-2006372 and plan number 003. The latest loaded filing year is 2023. The filing reports 319 participants and $71,333,190 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advanced Elements, Inc.
- EIN
- 26-2006372
- Plan number
- 003
- Plan type
- 2
- Location
- Grand Forks, ND
- Latest filing year
- 2023
- Participants
- 319
- End-of-year plan assets
- $71,333,190
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 319 | H | 20241001105002NAL0003912675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $71,333,190
- Total liabilities (EOY)
- $1,714,317
- Net assets (EOY)
- $69,618,873
- Net assets (BOY)
- $56,152,983
Income & contributions
- Employer contributions
- $660,592
- Total contributions
- $660,592
- Total income / additions
- $13,578,898
Expenses & distributions
- Benefits paid
- $66,410
- Administrative expenses
- $0
- Total expenses
- $113,008
- Net increase / (decrease)
- $13,465,890
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.