Advanced Digital Cable, Inc 401(K) Plan — Form 5500 plan (Advanced Digital Cable, 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, Advanced Digital Cable, Inc 401(K) Plan is a benefit plan reported by Advanced Digital Cable, Inc under EIN 62-1690046 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $4,854,751 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.9MPlan net assets, end of year$4,854,751
Participants171Covered participants reported
Assets / participant$28.4KComputed: assets ÷ participants$28,390 (computed)
Provider compensation$71K4 Schedule C provider row(s)$71,014
- Plan sponsor
- Advanced Digital Cable, Inc
- EIN
- 62-1690046
- Plan number
- 001
- Plan type
- 2
- Location
- Hayesville, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20240718135126NAL0009790240004 |
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)$4.9M total assets
Net assets$4.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $4,854,751
- Net assets (EOY)
- $4,854,751
- Net assets (BOY)
- $3,385,186
Income & contributions
- Employer contributions
- $242,226
- Participant contributions
- $405,411
- Total contributions
- $1,036,012
- Total income / additions
- $1,679,202
Expenses & distributions
- Benefits paid
- $165,520
- Administrative expenses
- $44,117
- Total expenses
- $209,637
- Net increase / (decrease)
- $1,469,565
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.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $27,032 | $0 | 2023 |
| Royal Alliance Associates, Inc. | INVESTMENT ADVISORY - PLA | $8,366 | $16,376 | 2023 |
| Nova 401k Associates Lp | THIRD PARTY ADMINISTRATOR | $11,901 | $145 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $7,194 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Advanced Digital Cable, Inc
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Hayesville, NC
- Transamerica Retirement Solutions — Schedule C compensation
- Royal Alliance Associates, Inc. — Schedule C compensation
- Nova 401k Associates Lp — Schedule C compensation
- John Hancock Life Insurance Company — Schedule C compensation