Able Sales Co. Inc. Savings And Investment Plan — Form 5500 plan (Able Sales Co. 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, Able Sales Co. Inc. Savings And Investment Plan is a benefit plan reported by Able Sales Co. Inc. under EIN 66-0320315 and plan number 001. The latest loaded filing year is 2023. The filing reports 319 participants and $7,827,961 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Able Sales Co. Inc.
- EIN
- 66-0320315
- Plan number
- 001
- Plan type
- 2
- Location
- San Juan, PR
- Latest filing year
- 2023
- Participants
- 319
- End-of-year plan assets
- $7,827,961
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 319 | H, C | 20241008130755NAL0029946016001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,827,961
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,827,961
- Net assets (BOY)
- $7,047,006
Income & contributions
- Employer contributions
- $277,824
- Participant contributions
- $429,069
- Total contributions
- $719,191
- Total income / additions
- $1,690,918
Expenses & distributions
- Benefits paid
- $879,972
- Administrative expenses
- $29,991
- Total expenses
- $909,963
- Net increase / (decrease)
- $780,955
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Company | INVESTMENT MANAGER | $18,901 | $0 | 2023 |
| Nppg Record Keeping Solutions | RECORDKEEPER | $16,281 | not reported in the loaded dataset | 2023 |