Abo 401(K) Plan — Form 5500 plan (America'S Back Office, 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, Abo 401(K) Plan is a benefit plan reported by America'S Back Office, Inc. under EIN 47-4975107 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,266 participants and $61,970,988 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- America'S Back Office, Inc.
- EIN
- 47-4975107
- Plan number
- 001
- Plan type
- 3
- Location
- Sterling Heights, MI
- Latest filing year
- 2023
- Participants
- 4,266
- End-of-year plan assets
- $61,970,988
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,266 | H, C | 20241015182503NAL0049342048001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,970,988
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,970,988
- Net assets (BOY)
- $44,821,776
Income & contributions
- Employer contributions
- $2,667,121
- Participant contributions
- $6,846,607
- Total contributions
- $10,904,505
- Total income / additions
- $18,947,639
Expenses & distributions
- Benefits paid
- $7,219,325
- Administrative expenses
- $602,659
- Total expenses
- $7,821,984
- Net increase / (decrease)
- $11,125,655
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins Co. | RECORDKEEPER | $294,813 | $0 | 2023 |
| Mma Securities LLC | INVESTMENT ADVISORY - PL | $150,327 | not reported in the loaded dataset | 2023 |
| The Retirement Advantage, Inc. | RECORDKEEPER | $138,768 | $0 | 2023 |
| Jason F Clausen Pc | AUDIT | $10,000 | not reported in the loaded dataset | 2023 |
| Kestra Investment Services LLC | BROKER | $0 | $2,905 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for America'S Back Office, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Sterling Heights, MI
- Transamerica Financial Life Ins Co. — Schedule C compensation
- Mma Securities LLC — Schedule C compensation
- The Retirement Advantage, Inc. — Schedule C compensation
- Jason F Clausen Pc — Schedule C compensation
- Kestra Investment Services LLC — Schedule C compensation