American Solutions For Business 401(K) Plan — Form 5500 plan (American Business Forms, 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, American Solutions For Business 401(K) Plan is a benefit plan reported by American Business Forms, Inc. under EIN 41-1393684 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,068 participants and $48,402,685 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Business Forms, Inc.
- EIN
- 41-1393684
- Plan number
- 001
- Plan type
- 2
- Location
- Glenwood, MN
- Latest filing year
- 2023
- Participants
- 1,068
- End-of-year plan assets
- $48,402,685
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,068 | H, C | 20240925090250NAL0005329955001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $48,402,685
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,402,685
- Net assets (BOY)
- $39,257,271
Income & contributions
- Participant contributions
- $4,311,762
- Total contributions
- $4,884,852
- Total income / additions
- $11,427,060
Expenses & distributions
- Benefits paid
- $2,129,295
- Administrative expenses
- $152,351
- Total expenses
- $2,281,646
- Net increase / (decrease)
- $9,145,414
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $152,351 | $0 | 2023 |
| Mma Securites LLC | INVESTMENT ADVISORY | $0 | $54,024 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American Business Forms, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Glenwood, MN
- Principal Life Insurance Company — Schedule C compensation
- Mma Securites LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation