Advancion Corporation 401(K) And Profit Sharing Plan — Form 5500 plan (Advancion Corporation)
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, Advancion Corporation 401(K) And Profit Sharing Plan is a benefit plan reported by Advancion Corporation under EIN 36-3185557 and plan number 002. The latest loaded filing year is 2023. The filing reports 309 participants and $29,815,345 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advancion Corporation
- EIN
- 36-3185557
- Plan number
- 002
- Plan type
- 2
- Location
- Buffalo Grove, IL
- Latest filing year
- 2023
- Participants
- 309
- End-of-year plan assets
- $29,815,345
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 309 | H, C | 20240822163235NAL0005357841001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,815,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,815,345
- Net assets (BOY)
- $23,410,188
Income & contributions
- Employer contributions
- $893,579
- Participant contributions
- $2,577,846
- Total contributions
- $3,776,770
- Total income / additions
- $7,845,549
Expenses & distributions
- Benefits paid
- $1,429,433
- Administrative expenses
- $9,726
- Total expenses
- $1,440,392
- Net increase / (decrease)
- $6,405,157
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $9,726 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |