Austin Advantage 401(K) Plan — Form 5500 plan (Austin Industries, 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, Austin Advantage 401(K) Plan is a benefit plan reported by Austin Industries, Inc. under EIN 75-1440225 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,724 participants and $319,759,319 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$319.8MPlan net assets, end of year$319,759,319
Participants6.7KCovered participants reported6,724
Assets / participant$47.6KComputed: assets ÷ participants$47,555 (computed)
Provider compensation$86.2K1 Schedule C provider row(s)$86,216
- Plan sponsor
- Austin Industries, Inc.
- EIN
- 75-1440225
- Plan number
- 001
- Plan type
- 2
- Location
- Dallas, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,724 | H, C | 20241014114949NAL0014868787005 |
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)$319.8M total assets
Net assets$319.8MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $319,759,319
- Net assets (EOY)
- $319,759,319
- Net assets (BOY)
- $278,573,792
Income & contributions
- Employer contributions
- $5,243,755
- Participant contributions
- $18,201,370
- Total contributions
- $27,874,308
- Total income / additions
- $73,711,215
Expenses & distributions
- Benefits paid
- $32,439,471
- Administrative expenses
- $86,217
- Total expenses
- $32,525,688
- Net increase / (decrease)
- $41,185,527
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.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Fiduciary Trust Company | NONE | $86,216 | $0 | 2023 |