Alclear, LLC 401(K) Plan — Form 5500 plan (Alclear, 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, Alclear, LLC 401(K) Plan is a benefit plan reported by Alclear, LLC under EIN 27-1733425 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,261 participants and $31,966,175 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alclear, LLC
EIN
27-1733425
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
3,261
End-of-year plan assets
$31,966,175

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,261H, C20241011131828NAL0021927009001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,966,175
Total liabilities (EOY)
$0
Net assets (EOY)
$31,966,175
Net assets (BOY)
$21,555,852

Income & contributions

Employer contributions
$2,028,184
Participant contributions
$8,034,132
Total contributions
$11,607,236
Total income / additions
$16,498,173

Expenses & distributions

Benefits paid
$5,549,297
Administrative expenses
$206,648
Total expenses
$6,087,850
Net increase / (decrease)
$10,410,323

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity Insurance CoRECORDKEEPER$130,171$02023
Gregory J Schwartz & Company IncINVESTMENT ADVISOR$68,500not reported in the loaded dataset2023

Related Form 5500 pages