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AMERICAN FINANCIAL ADVISORS, INC DB PLAN 401k Plan overview

Plan NameAMERICAN FINANCIAL ADVISORS, INC DB PLAN
Plan identification number 002

AMERICAN FINANCIAL ADVISORS, INC DB PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

AMERICAN FINANCIAL ADVISORS,INC. has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN FINANCIAL ADVISORS,INC.
Employer identification number (EIN):141725316
NAIC Classification:525100
NAIC Description: Insurance and Employee Benefit Funds

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN FINANCIAL ADVISORS, INC DB PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01MATTHEW BOYCE2024-06-13
0022022-01-01MATTHEW BOYCE2023-05-22
0022021-01-01MATTHEW BOYCE2022-05-26
0022020-01-01MATTHEW BOYCE2021-05-13

Financial Data on AMERICAN FINANCIAL ADVISORS, INC DB PLAN

Measure Date Value
2025 : AMERICAN FINANCIAL ADVISORS, INC DB PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-100
Total liabilities as of the end of the plan year2025-07-100
Total liabilities as of the beginning of the plan year2025-07-100
Total expenses incurred by plan in this plan year2025-07-100
Net assets as of the end of the plan year2025-07-101818760
Total assets as of the beginning of the plan year2025-07-101162338
Value of plan covered by a fidelity bond2025-07-10500000
Participant contributions to plan in this plan year2025-07-100
Other expenses paid from plan in this plan year2025-07-100
Other contributions to plan in this plan year2025-07-100
Other income to plan in this plan year2025-07-1098922
Plan net income in this plan year2025-07-10656422
Net assets as of the end of the plan year2025-07-101818760
Net assets as of the beginning of the plan year2025-07-101162338
Employer contributions to plan in this plan year2025-07-10557500
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-100
2024 : AMERICAN FINANCIAL ADVISORS, INC DB PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-130
Total liabilities as of the end of the plan year2024-06-130
Total liabilities as of the beginning of the plan year2024-06-130
Total expenses incurred by plan in this plan year2024-06-130
Net assets as of the end of the plan year2024-06-131162338
Total assets as of the beginning of the plan year2024-06-13649636
Value of plan covered by a fidelity bond2024-06-13500000
Participant contributions to plan in this plan year2024-06-130
Other expenses paid from plan in this plan year2024-06-130
Other contributions to plan in this plan year2024-06-130
Other income to plan in this plan year2024-06-1385202
Plan net income in this plan year2024-06-13512702
Net assets as of the end of the plan year2024-06-131162338
Net assets as of the beginning of the plan year2024-06-13649636
Employer contributions to plan in this plan year2024-06-13427500
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-130
2022 : AMERICAN FINANCIAL ADVISORS, INC DB PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-260
Total liabilities as of the end of the plan year2022-05-260
Total liabilities as of the beginning of the plan year2022-05-260
Total expenses incurred by plan in this plan year2022-05-260
Net assets as of the end of the plan year2022-05-26330472
Total assets as of the beginning of the plan year2022-05-26111000
Value of plan covered by a fidelity bond2022-05-26500000
Participant contributions to plan in this plan year2022-05-260
Other expenses paid from plan in this plan year2022-05-260
Other contributions to plan in this plan year2022-05-260
Other income to plan in this plan year2022-05-269472
Plan net income in this plan year2022-05-26219472
Net assets as of the end of the plan year2022-05-26330472
Net assets as of the beginning of the plan year2022-05-26111000
Employer contributions to plan in this plan year2022-05-26210000
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-260

Potentially related plans

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