Plan5500

Array Tech, Inc. 401(K) Plan — Form 5500 plan (Array Tech, 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, Array Tech, Inc. 401(K) Plan is a benefit plan reported by Array Tech, Inc. under EIN 85-0402479 and plan number 001. The latest loaded filing year is 2023. The filing reports 649 participants and $21,972,921 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Array Tech, Inc.
EIN
85-0402479
Plan number
001
Plan type
2
Location
Albuquerque, NM
Latest filing year
2023
Participants
649
End-of-year plan assets
$21,972,921

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023649H, C20250129131540NAL0016136129001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,972,921
Total liabilities (EOY)
$0
Net assets (EOY)
$21,972,921
Net assets (BOY)
$14,488,721

Income & contributions

Employer contributions
$1,932,407
Participant contributions
$3,654,307
Total contributions
$6,154,758
Total income / additions
$9,317,520

Expenses & distributions

Benefits paid
$1,711,480
Administrative expenses
$119,805
Total expenses
$1,833,320
Net increase / (decrease)
$7,484,200

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$50,031$02023
Sagepoint Financial IncADVISOR$45,063not reported in the loaded dataset2023
Pension Planning Consultants IncCONSULTANT$22,668not reported in the loaded dataset2023

Related Form 5500 pages