American Financial Network, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (American Financial Network, 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, American Financial Network, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by American Financial Network, Inc. under EIN 95-4866828 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,761 participants and $43,005,191 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
American Financial Network, Inc.
EIN
95-4866828
Plan number
001
Plan type
2
Location
Brea, CA
Latest filing year
2023
Participants
2,761
End-of-year plan assets
$43,005,191

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,761H, C20241014121233NAL0045907712001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$43,005,191
Total liabilities (EOY)
$0
Net assets (EOY)
$43,005,191
Net assets (BOY)
$43,579,707

Income & contributions

Participant contributions
$5,088,785
Total contributions
$5,395,732
Total income / additions
$12,214,709

Expenses & distributions

Benefits paid
$12,483,109
Administrative expenses
$306,116
Total expenses
$12,789,225
Net increase / (decrease)
-$574,516

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Equitable Life Insurance CompanyRECORDKEEPER$43,990$202,1342023
Equitable Advisors LLCSERVICE PROVIDER$0$5,4922023

Related Form 5500 pages