401(k)
2022 plan-year 401(k) DOL Form 5500

Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Asa Institute of Business & Computer Technology, Inc. · New York · Professional & Technical Services

What the 2023 filing shows

Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan holds $6M for 331 participants — about $18,517 per participant, down 28.5% over the 2022 plan year.

$6M
total plan assets (2022 EOY)
331
covered participants
$18,517
avg assets per participant
-28.5%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6M
Participants
331
State
Industry
Professional & Technical Services

What the Filing Says About Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan

Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Asa Institute of Business & Computer Technology, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 331 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 113232206, and the plan has been effective since 1998-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $6M at year-end — a decline of 28.5%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-2,439,384 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-2,439,384
Plan Type401(k)
Employer EIN113232206
Plan Effective Date1998-08-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan holds $6M in total assets with 331 participants. It is sponsored by Asa Institute of Business & Computer Technology, Inc..
What type of plan is Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan?
Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1998-08-01. The plan is filed with the U.S. Department of Labor under EIN 113232206.
Who sponsors the Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan?
Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan is sponsored by Asa Institute of Business & Computer Technology, Inc., located in New York. The sponsor's EIN is 113232206 and the plan operates in the Professional & Technical Services industry.
How did Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan perform in 2022?
Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan declined by 28.5% during 2022, moving from $9M to $6M in total assets. Net income was $-2,439,384.
Where can I find official filings for Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 113232206 or plan name at efast.dol.gov.
How does Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Asa Institute of Business & Computer Technology, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 113232206.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.