Aes Industries, Inc. 401k Profit Sharing Plan — Form 5500 plan (Aes Industries, 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, Aes Industries, Inc. 401k Profit Sharing Plan is a benefit plan reported by Aes Industries, Inc. under EIN 62-1373635 and plan number 002. The latest loaded filing year is 2023. The filing reports 145 participants and $6,441,661 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.4MPlan net assets, end of year$6,441,661
Participants145Covered participants reported
Assets / participant$44.4KComputed: assets ÷ participants$44,425 (computed)
Provider compensationNone reported
Plan sponsor
Aes Industries, Inc.
EIN
62-1373635
Plan number
002
Plan type
2
Location
Tallassee, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023145H20241015164946NAL0030399921003
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.4M total assets
Net assets$6.4MLiabilities
Money in vs. money out
Total income / additions$1.4M
Total expenses$435.6K
Benefits paid / distributions$425.8K
Contributions
Employer$137.9K
Participant$225.2K
Full reported line items

Net assets

Total assets (EOY)
$6,441,661
Net assets (EOY)
$6,441,661
Net assets (BOY)
$5,478,452

Income & contributions

Employer contributions
$137,896
Participant contributions
$225,215
Total contributions
$426,774
Total income / additions
$1,398,804

Expenses & distributions

Benefits paid
$425,802
Administrative expenses
$9,793
Total expenses
$435,595
Net increase / (decrease)
$963,209
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income30%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages