American Aerogel Corporation 401(K) Profit Sharing Plan — Form 5500 plan (American Aerogel 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 Aerogel Corporation 401(K) Profit Sharing Plan is a benefit plan reported by American Aerogel Corporation under EIN 58-2493835 and plan number 001. The latest loaded filing year is 2023. The filing reports 282 participants and $5,842,845 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Aerogel Corporation
- EIN
- 58-2493835
- Plan number
- 001
- Plan type
- 2
- Location
- Rochester, NY
- Latest filing year
- 2023
- Participants
- 282
- End-of-year plan assets
- $5,842,845
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 282 | H, C | 20240731052952NAL0012460147001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,842,845
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,842,845
- Net assets (BOY)
- $3,874,217
Income & contributions
- Employer contributions
- $295,172
- Participant contributions
- $1,135,329
- Total contributions
- $1,878,795
- Total income / additions
- $2,732,628
Expenses & distributions
- Benefits paid
- $735,512
- Administrative expenses
- $23,959
- Total expenses
- $764,000
- Net increase / (decrease)
- $1,968,628
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Waterford Group, LLC | INVESTMENT/FINANCIAL ADVI | $14,137 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $9,821 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |