2023 Form 5500 filing — Wise Consulting Associates, Inc. Profit Sharing 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 20241007120436NAL0008848595001) for Wise Consulting Associates, Inc. Profit Sharing Plan, reported by Wise Consulting Associates, Inc. under EIN 52-1974149 and plan number 002. It reports 141 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007120436NAL0008848595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wise Consulting Associates, Inc.
- EIN
- 52-1974149
- Plan number
- 002
- Location
- Timonium, MD
- Participants
- 141
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,201,072
- Total liabilities (EOY)
- $134
- Net assets (EOY)
- $4,200,938
- Employer contributions
- $326,962
- Total income / additions
- $3,493,699
- Benefits paid
- $10,525,265
- Administrative expenses
- $52,675
- Total expenses
- $10,579,902
- Net increase / (decrease)
- -$7,086,203
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insureance Company | CONTRACT ADMINISTRATOR | $21,535 | not reported in the loaded dataset |
| Smithelliottkearns And Company, LLC | AUDITOR | $16,000 | not reported in the loaded dataset |
| Ventura Esop Fiduciary Service | TRUSTEE | $15,000 | not reported in the loaded dataset |