Advance Convergence Group 401(K) Retirement Plan — Form 5500 plan (Advance Convergence Group, 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, Advance Convergence Group 401(K) Retirement Plan is a benefit plan reported by Advance Convergence Group, Inc. under EIN 46-1553904 and plan number 001. The latest loaded filing year is 2023. The filing reports 92 participants and $6,125,554 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advance Convergence Group, Inc.
- EIN
- 46-1553904
- Plan number
- 001
- Plan type
- 2
- Location
- Bay Shore, NY
- Latest filing year
- 2023
- Participants
- 92
- End-of-year plan assets
- $6,125,554
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 92 | I | 20241009154701NAL0018689585001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $6,125,554
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,125,554
- Net assets (BOY)
- $4,565,340
Income & contributions
- Employer contributions
- $265,600
- Participant contributions
- $671,046
- Total income / additions
- $1,792,177
Expenses & distributions
- Benefits paid
- $231,313
- Administrative expenses
- $650
- Total expenses
- $231,963
- Net increase / (decrease)
- $1,560,214
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.