American Payroll Service 401(K) Retirement Plan — Form 5500 plan (American Payroll Service 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, American Payroll Service 401(K) Retirement Plan is a benefit plan reported by American Payroll Service LLC under EIN 47-1078916 and plan number 001. The latest loaded filing year is 2023. The filing reports 164 participants and $6,887,641 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Payroll Service LLC
- EIN
- 47-1078916
- Plan number
- 001
- Plan type
- 3
- Location
- Mayfield Heights, OH
- Latest filing year
- 2023
- Participants
- 164
- End-of-year plan assets
- $6,887,641
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20241014150247NAL0015165123001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,887,641
- Total liabilities (EOY)
- $4,649
- Net assets (EOY)
- $6,882,992
- Net assets (BOY)
- $5,651,967
Income & contributions
- Employer contributions
- $303,783
- Participant contributions
- $378,619
- Total contributions
- $683,587
- Total income / additions
- $1,586,444
Expenses & distributions
- Benefits paid
- $281,816
- Administrative expenses
- $68,954
- Total expenses
- $355,419
- Net increase / (decrease)
- $1,231,025
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cohen And Co | SERVICE PROVIDER | $13,751 | not reported in the loaded dataset | 2023 |
| Qualified Plan Consultants, LLC | TPA | $0 | $3,487 | 2023 |