2023 Form 5500 filing — Outsourcing Strategies, Inc. 401(K) 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 20241014150736NAL0026514977001) for Outsourcing Strategies, Inc. 401(K) Profit Sharing Plan, reported by Outsourcing Strategies, Inc. under EIN 20-3151312 and plan number 001. It reports 2,245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014150736NAL0026514977001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Outsourcing Strategies, Inc.
- EIN
- 20-3151312
- Plan number
- 001
- Location
- Westmont, IL
- Participants
- 2,245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,835,728
- Total liabilities (EOY)
- $60,365
- Net assets (EOY)
- $25,775,363
- Employer contributions
- $1,294,726
- Participant contributions
- $3,775,937
- Total income / additions
- $8,619,062
- Benefits paid
- $1,845,503
- Administrative expenses
- $153,129
- Total expenses
- $2,074,237
- Net increase / (decrease)
- $6,544,825
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $95,461 | $0 |
| Fourstar Wealth Advisors LLC | INVESTMENT ADVISORY-PLAN | $42,081 | not reported in the loaded dataset |
| Miller Cooper & Co., Ltd | AUDIT | $16,000 | not reported in the loaded dataset |