Plan5500

American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee — Form 5500 plan (American Lebanese Syrian Associated Charities, Inc. (Alsac))

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, American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee is a benefit plan reported by American Lebanese Syrian Associated Charities, Inc. (Alsac) under EIN 35-1044585 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,293 participants and $255,033,199 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$255MPlan net assets, end of year$255,033,199
Participants2.3KCovered participants reported2,293
Assets / participant$111.2KComputed: assets ÷ participants$111,223 (computed)
Provider compensation$159.8K1 Schedule C provider row(s)$159,847
Plan sponsor
American Lebanese Syrian Associated Charities, Inc. (Alsac)
EIN
35-1044585
Plan number
001
Plan type
2
Location
Memphis, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,293H, C20241014103810NAL0025940209001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$255M total assets
Net assets$255MLiabilities$0
Money in vs. money out
Total income / additions$64.1M
Total expenses$15.3M
Benefits paid / distributions$15.2M
Contributions
Employer$11.9M
Participant$12.4M
Full reported line items

Net assets

Total assets (EOY)
$255,033,199
Total liabilities (EOY)
$0
Net assets (EOY)
$255,033,199
Net assets (BOY)
$206,245,169

Income & contributions

Employer contributions
$11,916,551
Participant contributions
$12,386,211
Total contributions
$27,144,964
Total income / additions
$64,124,428

Expenses & distributions

Benefits paid
$15,169,881
Administrative expenses
$161,646
Total expenses
$15,332,641
Net increase / (decrease)
$48,791,787
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 49%Participant 51%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$159,847$02023

Related Form 5500 pages