Audiocodes, Inc. 401(K) Plan — Form 5500 plan (Audiocodes, 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, Audiocodes, Inc. 401(K) Plan is a benefit plan reported by Audiocodes, Inc. under EIN 77-0448588 and plan number 001. The latest loaded filing year is 2023. The filing reports 310 participants and $32,385,539 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Audiocodes, Inc.
- EIN
- 77-0448588
- Plan number
- 001
- Plan type
- 2
- Location
- Piscataway, NJ
- Latest filing year
- 2023
- Participants
- 310
- End-of-year plan assets
- $32,385,539
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 310 | H, C | 20240913162800NAL0020220978001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,385,539
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,385,539
- Net assets (BOY)
- $27,540,669
Income & contributions
- Employer contributions
- $551,603
- Participant contributions
- $1,857,964
- Total contributions
- $2,516,263
- Total income / additions
- $6,900,178
Expenses & distributions
- Benefits paid
- $1,947,840
- Administrative expenses
- $100,724
- Total expenses
- $2,055,308
- Net increase / (decrease)
- $4,844,870
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $78,987 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $14,193 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $9,233 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Audiocodes, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Piscataway, NJ
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation