Avi Foodsystems, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Avi Foodsystems 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, Avi Foodsystems, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Avi Foodsystems Inc under EIN 34-0939177 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,432 participants and $89,672,444 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Avi Foodsystems Inc
EIN
34-0939177
Plan number
003
Plan type
2
Location
Warren, OH
Latest filing year
2023
Participants
4,432
End-of-year plan assets
$89,672,444

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,432H, C20240920181337NAL0004685315001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$89,672,444
Total liabilities (EOY)
$0
Net assets (EOY)
$89,672,444
Net assets (BOY)
$81,177,862

Income & contributions

Employer contributions
$1,415,958
Participant contributions
$5,299,396
Total contributions
$6,974,109
Total income / additions
$20,102,738

Expenses & distributions

Benefits paid
$11,256,904
Administrative expenses
$230,860
Total expenses
$11,572,036
Net increase / (decrease)
$8,530,702

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$230,860$02023
Usi Advisors, Inc.INVESTMENT ADVISORY$0$42,4362023

Related Form 5500 pages