2023 Form 5500 filing — Morristown Drivers Service, 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 20240903154911NAL0009284387001) for Morristown Drivers Service, Inc. 401(K) Plan, reported by Morristown Drivers Service, Inc. under EIN 62-1156959 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903154911NAL0009284387001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Morristown Drivers Service, Inc.
- EIN
- 62-1156959
- Plan number
- 001
- Location
- Morristown, TN
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,117,484
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,117,484
- Employer contributions
- $126,126
- Participant contributions
- $304,200
- Total income / additions
- $540,592
- Benefits paid
- $74,626
- Administrative expenses
- $24,924
- Total expenses
- $99,550
- Net increase / (decrease)
- $441,042
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Life Insurnace Company | RECORDKEEPER | $11,540 | $0 |
| Erisa Services, Inc. | RECORDKEEPER | $8,498 | $21 |
| Silver Oaks Securities, Inc. | INVEST ADV PLAN | $4,210 | not reported in the loaded dataset |
| Creative Planning LLC | INVEST ADV PLAN | $675 | not reported in the loaded dataset |