Acr Electronics Inc. Employee Savings Plan — Form 5500 plan (Acr Electronics, 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, Acr Electronics Inc. Employee Savings Plan is a benefit plan reported by Acr Electronics, Inc. under EIN 65-0160389 and plan number 001. The latest loaded filing year is 2023. The filing reports 372 participants and $23,381,630 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.4MPlan net assets, end of year$23,371,090
Participants372Covered participants reported
Assets / participant$62.9KComputed: assets ÷ participants$62,854 (computed)
Provider compensation$37.4K3 Schedule C provider row(s)$37,381
Plan sponsor
Acr Electronics, Inc.
EIN
65-0160389
Plan number
001
Plan type
2
Location
Fort Lauderdale, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023372H, C20240927105308NAL0002153297001
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)$23.4M total assets
Net assets$23.4MLiabilities$10.5K
Money in vs. money out
Total income / additions$6.8M
Total expenses$3.1M
Benefits paid / distributions$3.1M
Contributions
Employer$664.7K
Participant$2.1M
Full reported line items

Net assets

Total assets (EOY)
$23,381,630
Total liabilities (EOY)
$10,540
Net assets (EOY)
$23,371,090
Net assets (BOY)
$19,736,590

Income & contributions

Employer contributions
$664,659
Participant contributions
$2,051,834
Total contributions
$2,788,954
Total income / additions
$6,752,487

Expenses & distributions

Benefits paid
$3,081,233
Administrative expenses
$37,381
Total expenses
$3,118,614
Net increase / (decrease)
$3,633,873

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$20,677$02023
Strategic Advisors, Inc.ADVISOR$9,170not reported in the loaded dataset2023
Carlton FieldsLEGAL$7,534not reported in the loaded dataset2023

Related Form 5500 pages