2023 Form 5500 filing — Mortensen Woodwork, 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 20241015125550NAL0016435875001) for Mortensen Woodwork, Inc. 401(K) Profit Sharing Plan, reported by Mortensen Woodwork, Inc. under EIN 58-1813682 and plan number 001. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015125550NAL0016435875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mortensen Woodwork, Inc.
- EIN
- 58-1813682
- Plan number
- 001
- Location
- Union City, GA
- Participants
- 171
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,522,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,522,000
- Employer contributions
- $257,570
- Participant contributions
- $399,932
- Total income / additions
- $1,718,058
- Benefits paid
- $1,199,660
- Administrative expenses
- $33,894
- Total expenses
- $1,233,554
- Net increase / (decrease)
- $484,504
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $31,194 | $0 |
| Truist Advisory Services, Inc. | INVESTMENT ADVISORY | $0 | $17,187 |
| Erisa Services, Inc. | CONTRACT ADMINISTRATOR | $2,700 | $3,229 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |