2023 Form 5500 filing — Elmer Smith Oil Co., Inc. Employees' 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 20241007164448NAL0016451121001) for Elmer Smith Oil Co., Inc. Employees' Profit Sharing Plan, reported by Elmer Smith Oil Company under EIN 73-0957873 and plan number 001. It reports 177 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007164448NAL0016451121001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Elmer Smith Oil Company
- EIN
- 73-0957873
- Plan number
- 001
- Location
- Clinton, OK
- Participants
- 177
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,252,176
- Total liabilities (EOY)
- $16,291
- Net assets (EOY)
- $13,235,885
- Employer contributions
- $400,245
- Participant contributions
- $392,087
- Total income / additions
- $2,383,352
- Benefits paid
- $1,118,564
- Administrative expenses
- $68,782
- Total expenses
- $1,203,637
- Net increase / (decrease)
- $1,179,715
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $31,748 | $0 |
| Principal Life Insurance Company | CONTRACT ADMIN | $26,703 | $0 |
| Argent Retirement Plan Advisors LLC | INVESTMENT ADVISOR | $14,601 | $7,353 |
| Employee Benefits Group, LLC | CONTRACT ADMIN | $4,623 | $17,214 |