Asi Retirement Plan — Form 5500 plan (Asphalt Specialists, LLC)

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, Asi Retirement Plan is a benefit plan reported by Asphalt Specialists, LLC under EIN 38-2739111 and plan number 001. The latest loaded filing year is 2023. The filing reports 370 participants and $6,146,169 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.1MPlan net assets, end of year$6,146,169
Participants370Covered participants reported
Assets / participant$16.6KComputed: assets ÷ participants$16,611 (computed)
Provider compensation$9.7K1 Schedule C provider row(s)$9,673
Plan sponsor
Asphalt Specialists, LLC
EIN
38-2739111
Plan number
001
Plan type
2
Location
Pontiac, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023370H, C20241015124743NAL0028469825001
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)$6.1M total assets
Net assets$6.1MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$547.1K
Benefits paid / distributions$527.6K
Contributions
Employer$69.4K
Participant$542.8K
Full reported line items

Net assets

Total assets (EOY)
$6,146,169
Total liabilities (EOY)
$0
Net assets (EOY)
$6,146,169
Net assets (BOY)
$5,065,409

Income & contributions

Employer contributions
$69,416
Participant contributions
$542,818
Total contributions
$612,234
Total income / additions
$1,627,894

Expenses & distributions

Benefits paid
$527,608
Administrative expenses
$9,673
Total expenses
$547,134
Net increase / (decrease)
$1,080,760
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 11%Participant 89%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$9,673$02023

Related Form 5500 pages