American Systems Corporation Employee Stock Ownership Plan — Form 5500 plan (American Systems Corporation)
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 Systems Corporation Employee Stock Ownership Plan is a benefit plan reported by American Systems Corporation under EIN 54-0962497 and plan number 003. The latest loaded filing year is 2023. The filing reports 3,717 participants and $331,314,714 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Systems Corporation
- EIN
- 54-0962497
- Plan number
- 003
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
- Participants
- 3,717
- End-of-year plan assets
- $331,314,714
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,717 | H, C | 20241009094344NAL0010494963001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $331,314,714
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $331,314,714
- Net assets (BOY)
- $291,782,297
Income & contributions
- Employer contributions
- $579,054
- Total contributions
- $14,157,063
- Total income / additions
- $65,838,145
Expenses & distributions
- Benefits paid
- $26,028,624
- Administrative expenses
- $277,104
- Total expenses
- $26,305,728
- Net increase / (decrease)
- $39,532,417
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal | RECORDKEEPER/BOOKKEEPER | $131,086 | not reported in the loaded dataset | 2023 |
| Ti Trust | TRUSTEE | $75,000 | not reported in the loaded dataset | 2023 |
| Stout Risius Ross | VALUATION SERVICES | $42,925 | not reported in the loaded dataset | 2023 |
| Cohn Reznick | ACCOUNTANT | $21,000 | not reported in the loaded dataset | 2023 |
| Direct Connect Group | RECORDKEEPER/BOOKKEEPER | $6,827 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American Systems Corporation
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Chantilly, VA
- Principal — Schedule C compensation
- Ti Trust — Schedule C compensation
- Stout Risius Ross — Schedule C compensation
- Cohn Reznick — Schedule C compensation
- Direct Connect Group — Schedule C compensation