2023 Form 5500 filing — Whittier Employee Resources Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240620103011NAL0001287521001) for Whittier Employee Resources Inc. 401(K) Plan, reported by Whittier Employee Resources Inc. under EIN 26-2549460 and plan number 001. It reports 2,353 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$35MReported net assets$34,995,261
Participants2.4K2,353
Provider compensation$189.7K3 Schedule C row(s)$189,748
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240620103011NAL0001287521001
Plan sponsor
Whittier Employee Resources Inc.
EIN
26-2549460
Plan number
001
Location
Haverhill, MA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$35M total assets
Net assets$35MLiabilities$0
Money in vs. money out
Total income / additions$7.9M
Total expenses$3.6M
Benefits paid / distributions$3.5M
Contributions
EmployerNot reported
Participant$2.7M
Full reported line items
Total assets (EOY)
$34,995,261
Total liabilities (EOY)
$0
Net assets (EOY)
$34,995,261
Participant contributions
$2,735,413
Total income / additions
$7,923,562
Benefits paid
$3,498,922
Administrative expenses
$117,656
Total expenses
$3,626,063
Net increase / (decrease)
$4,297,499

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance CompanyRECORDKEEPER$103,088$0
First Republic Securities Co, LLCBROKER/ADVISOR$0$61,188
The Angell Pension Group, Inc.THIRD PARTY ADMINISTRATO$0$25,472

Related Form 5500 pages