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, Akers Packaging Service, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Akers Packaging Service, Inc. under EIN 31-0671096 and plan number 002. The latest loaded filing year is 2023. The filing reports 248 participants and $41,496,726 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,496,726
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,496,726
- Net assets (BOY)
- $26,383,087
Income & contributions
- Employer contributions
- $942,707
- Participant contributions
- $2,197,005
- Total contributions
- $3,632,039
- Total income / additions
- $9,944,456
Expenses & distributions
- Benefits paid
- $3,197,279
- Administrative expenses
- $27,797
- Total expenses
- $3,228,712
- Net increase / (decrease)
- $6,715,744