2023 Form 5500 filing — Western Management, Inc. Profit Sharing & 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 20240905071749NAL0034473296001) for Western Management, Inc. Profit Sharing & 401(K) Plan, reported by Western Management, Inc. under EIN 34-1427510 and plan number 001. It reports 447 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240905071749NAL0034473296001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Western Management, Inc.
- EIN
- 34-1427510
- Plan number
- 001
- Location
- Cleveland, OH
- Participants
- 447
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,653,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,653,467
- Employer contributions
- $384,766
- Participant contributions
- $738,924
- Total income / additions
- $3,605,005
- Benefits paid
- $854,030
- Administrative expenses
- $14,322
- Total expenses
- $868,352
- Net increase / (decrease)
- $2,736,653
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Great-West Life & Annuity Insurance | RECORDKEEPER | $13,194 | $0 |
| Rea & Associates | TPA | $12,000 | not reported in the loaded dataset |
| Service Providing Company | INVESTMENT MANAGER | $6,085 | not reported in the loaded dataset |