Act1 401(K) Plan — Form 5500 plan (Act1 Federal LLC)
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, Act1 401(K) Plan is a benefit plan reported by Act1 Federal LLC under EIN 74-2868948 and plan number 005. The latest loaded filing year is 2023. The filing reports 345 participants and $18,602,788 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Act1 Federal LLC
- EIN
- 74-2868948
- Plan number
- 005
- Plan type
- 2
- Location
- Arlington, VA
- Latest filing year
- 2023
- Participants
- 345
- End-of-year plan assets
- $18,602,788
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 345 | H, C | 20241015132629NAL0016485843001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,602,788
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,602,788
- Net assets (BOY)
- $14,635,803
Income & contributions
- Employer contributions
- $699,969
- Participant contributions
- $1,939,292
- Total contributions
- $2,920,304
- Total income / additions
- $5,639,683
Expenses & distributions
- Benefits paid
- $1,509,946
- Administrative expenses
- $111,584
- Total expenses
- $1,672,698
- Net increase / (decrease)
- $3,966,985
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $64,479 | $0 | 2023 |
| Morgan Stanley Global Banking | INVESTMENT ADVISORY | $39,692 | not reported in the loaded dataset | 2023 |
| Resource Benefits Administrators | THIRD PARTY ADMINISTRATO | $7,413 | not reported in the loaded dataset | 2023 |