2023 Form 5500 filing — Woodruff Construction Employees Profit Sharing 401(K) Plan & Trust
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 20240916143817NAL0001592321001) for Woodruff Construction Employees Profit Sharing 401(K) Plan & Trust, reported by Woodruff Construction, Inc under EIN 76-0721180 and plan number 002. It reports 151 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916143817NAL0001592321001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Woodruff Construction, Inc
- EIN
- 76-0721180
- Plan number
- 002
- Location
- Fort Dodge, IA
- Participants
- 151
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,817,264
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,817,264
- Employer contributions
- $89,336
- Participant contributions
- $651,277
- Total income / additions
- $2,040,911
- Benefits paid
- $486,985
- Administrative expenses
- $44,161
- Total expenses
- $552,795
- Net increase / (decrease)
- $1,488,116
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nielsen Financial Management Inc | INVESTMENT ADVISOR | $17,145 | not reported in the loaded dataset |
| The Finway Group LLC | CONTRACT ADMIN, OTHER | $15,652 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $10,692 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,086 | not reported in the loaded dataset |
| Envestnet Retirement Solutions, LLC | OTHER | $1,105 | not reported in the loaded dataset |