Plan5500

Ascend Retirement Savings 401(K) Plan — Form 5500 plan (Ascend Leasing, 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, Ascend Retirement Savings 401(K) Plan is a benefit plan reported by Ascend Leasing, LLC under EIN 62-1148454 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,380 participants and $13,473,295 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ascend Leasing, LLC
EIN
62-1148454
Plan number
002
Plan type
2
Location
Jackson, TN
Latest filing year
2023
Participants
1,380
End-of-year plan assets
$13,473,295

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,380H, C20240919124435NAL0003562147001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,473,295
Total liabilities (EOY)
$0
Net assets (EOY)
$13,473,295
Net assets (BOY)
$11,709,760

Income & contributions

Employer contributions
$679,962
Participant contributions
$2,563,466
Total contributions
$3,476,977
Total income / additions
$5,302,885

Expenses & distributions

Benefits paid
$3,387,190
Administrative expenses
$140,675
Total expenses
$3,539,350
Net increase / (decrease)
$1,763,535

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPER$120,484$02023
Pension Consultants IncRETAINED BY EMPLOYER$12,691not reported in the loaded dataset2023
Ata, PllcRETAINED BY EMPLOYER$7,500not reported in the loaded dataset2023

Related Form 5500 pages