2023 Form 5500 filing — The Walman Optical Company 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 20241014145412NAL0026478721001) for The Walman Optical Company 401(K) Plan, reported by The Walman Optical Company under EIN 41-0598170 and plan number 002. It reports 1,615 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014145412NAL0026478721001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Walman Optical Company
- EIN
- 41-0598170
- Plan number
- 002
- Location
- Minneapolis, MN
- Participants
- 1,615
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $105,185,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $105,185,064
- Employer contributions
- $3,327,901
- Participant contributions
- $4,210,968
- Total income / additions
- $23,192,400
- Benefits paid
- $15,039,790
- Administrative expenses
- $250,061
- Total expenses
- $15,289,851
- Net increase / (decrease)
- $7,902,549
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman, Inc. | NONE | $156,635 | not reported in the loaded dataset |
| Alerus Financial | NONE | $52,000 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $28,426 | $0 |
| Advanced Capital Group, Inc. | NONE | $13,000 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $176 | $0 |