Adwerx,Inc. Retirement Plan — Form 5500 plan (Adwerx, 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, Adwerx,Inc. Retirement Plan is a benefit plan reported by Adwerx, Inc. under EIN 47-2283655 and plan number 001. The latest loaded filing year is 2023. The filing reports 159 participants and $5,514,655 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Adwerx, Inc.
EIN
47-2283655
Plan number
001
Plan type
2
Location
Durham, NC
Latest filing year
2023
Participants
159
End-of-year plan assets
$5,514,655

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023159H, C20241015101954NAL0029234161001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,514,655
Total liabilities (EOY)
$0
Net assets (EOY)
$5,514,655
Net assets (BOY)
$4,714,902

Income & contributions

Employer contributions
$257,593
Participant contributions
$560,140
Total contributions
$840,557
Total income / additions
$1,762,709

Expenses & distributions

Benefits paid
$947,699
Administrative expenses
$15,257
Total expenses
$962,956
Net increase / (decrease)
$799,753

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fiduciary Wealth ManagementNONE$8,000not reported in the loaded dataset2023
Ascensus LLCNONE$7,257$02023

Related Form 5500 pages