Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Associated Global Systems, Inc. Income Investment Plan

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

Sponsored by Associated Global Systems, Inc · New York · Transportation & Warehousing

What the 2023 filing shows

Associated Global Systems, Inc. Income Investment Plan holds N/A for 98 participants.

N/A
total plan assets (2022 EOY)
98
covered participants
$-8,973,397
reported net income

The plan reported a net loss of $9M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
98
State
Industry
Transportation & Warehousing

What the Filing Says About Associated Global Systems, Inc. Income Investment Plan

Associated Global Systems, Inc. Income Investment Plan is a Profit Sharing retirement plan sponsored by Associated Global Systems, Inc, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 98 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 131873046, and the plan has been effective since 1985-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-8,973,397 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)$23M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-8,973,397
Plan TypeProfit Sharing
Employer EIN131873046
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Associated Global Systems, Inc. Income Investment Plan?
As of the 2022 Form 5500 filing, Associated Global Systems, Inc. Income Investment Plan holds N/A in total assets with 98 participants. It is sponsored by Associated Global Systems, Inc.
What type of plan is Associated Global Systems, Inc. Income Investment Plan?
Associated Global Systems, Inc. Income Investment Plan is a Profit Sharing plan. It has been effective since 1985-08-01. The plan is filed with the U.S. Department of Labor under EIN 131873046.
Who sponsors the Associated Global Systems, Inc. Income Investment Plan?
Associated Global Systems, Inc. Income Investment Plan is sponsored by Associated Global Systems, Inc, located in New York. The sponsor's EIN is 131873046 and the plan operates in the Transportation & Warehousing industry.
How did Associated Global Systems, Inc. Income Investment Plan perform in 2022?
Associated Global Systems, Inc. Income Investment Plan held N/A in total assets at the end of 2022. Net income was $-8,973,397.
Where can I find official filings for Associated Global Systems, Inc. Income Investment Plan?
Official Form 5500 filings for Associated Global Systems, Inc. Income Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131873046 or plan name at efast.dol.gov.
How does Associated Global Systems, Inc. Income Investment Plan compare to other plans?
You can compare Associated Global Systems, Inc. Income Investment Plan against other Profit Sharing 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.

Explore PlainRetire

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 131873046.

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.