Altrust Financial Services, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Altrust Financial Services, 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, Altrust Financial Services, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Altrust Financial Services, Inc. under EIN 63-0923450 and plan number 002. The latest loaded filing year is 2023. The filing reports 295 participants and $7,795,473 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Altrust Financial Services, Inc.
- EIN
- 63-0923450
- Plan number
- 002
- Plan type
- 2
- Location
- Cullman, AL
- Latest filing year
- 2023
- Participants
- 295
- End-of-year plan assets
- $7,795,473
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 295 | H, C | 20241001132037NAL0014086962001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,795,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,795,473
- Net assets (BOY)
- $5,952,631
Income & contributions
- Employer contributions
- $245,681
- Participant contributions
- $783,631
- Total contributions
- $1,290,558
- Total income / additions
- $2,356,538
Expenses & distributions
- Benefits paid
- $460,310
- Administrative expenses
- $53,386
- Total expenses
- $513,696
- Net increase / (decrease)
- $1,842,842
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Osaic Wealth, Inc | INVESTMENT ADVISOR | $23,652 | not reported in the loaded dataset | 2023 |
| Mauldin & Jenkins LLC | AUDITOR | $12,875 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $8,860 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $7,999 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Altrust Financial Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Cullman, AL
- Osaic Wealth, Inc — Schedule C compensation
- Mauldin & Jenkins LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation