2023 Form 5500 filing — The Collection LLC 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 20241014145752NAL0015155043001) for The Collection LLC 401(K) Plan, reported by The Collection, LLC under EIN 65-1035297 and plan number 001. It reports 499 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014145752NAL0015155043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Collection, LLC
- EIN
- 65-1035297
- Plan number
- 001
- Location
- Coral Gables, FL
- Participants
- 499
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,892,732
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,892,732
- Employer contributions
- $317,546
- Participant contributions
- $1,712,501
- Total income / additions
- $5,886,752
- Benefits paid
- $3,004,916
- Administrative expenses
- $13,264
- Total expenses
- $3,035,308
- Net increase / (decrease)
- $2,851,444
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| World Ins Assoc LLC | OTHER SERVICES | $0 | $17,975 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $13,264 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |