Altl, Inc. Employees Profit Sharing Plan & Trust — Form 5500 plan (Altl, 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, Altl, Inc. Employees Profit Sharing Plan & Trust is a benefit plan reported by Altl, Inc. under EIN 38-2123182 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $8,087,468 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Altl, Inc.
- EIN
- 38-2123182
- Plan number
- 001
- Plan type
- 2
- Location
- Hudsonville, MI
- Latest filing year
- 2023
- Participants
- 139
- End-of-year plan assets
- $8,087,468
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20241004124557NAL0006699795001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,087,468
- Net assets (EOY)
- $8,087,468
- Net assets (BOY)
- $7,212,953
Income & contributions
- Employer contributions
- $88,841
- Participant contributions
- $425,613
- Total contributions
- $514,454
- Total income / additions
- $2,043,746
Expenses & distributions
- Benefits paid
- $1,147,458
- Administrative expenses
- $21,773
- Total expenses
- $1,169,231
- Net increase / (decrease)
- $874,515
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Altl, Inc. | CONTRACT ADMIN | $20,880 | $0 | 2023 |
| Wells Fargo Clearing Services LLC | BROKER/ADVISOR | $0 | $19,172 | 2023 |
| Empower Annuity Insurance Co Of Am | RECORDKEEPER | $850 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $43 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Altl, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Hudsonville, MI
- Altl, Inc. — Schedule C compensation
- Wells Fargo Clearing Services LLC — Schedule C compensation
- Empower Annuity Insurance Co Of Am — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation