2023 Form 5500 filing — 403(B) Thrift Plan Of Work Skills Corporation
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 20241015145043NAL0056770018001) for 403(B) Thrift Plan Of Work Skills Corporation, reported by Work Skills Corporation under EIN 38-2025701 and plan number 001. It reports 1,718 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$3.3MReported net assets$3,345,933
Participants1.7K1,718
Provider compensation$11K5 Schedule C row(s)$11,005
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015145043NAL0056770018001
- Plan sponsor
- Work Skills Corporation
- EIN
- 38-2025701
- Plan number
- 001
- Location
- Brighton, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $3,345,933
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,345,933
- Employer contributions
- $54,017
- Participant contributions
- $215,990
- Total income / additions
- $731,398
- Benefits paid
- $332,674
- Administrative expenses
- $4,177
- Total expenses
- $336,851
- Net increase / (decrease)
- $394,547
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hub International Midwest Limited | TPA ALLOWANCE PROGRAM | $6,751 | $0 |
| Stancorp Financial Group | RECORDKEEPER | $3,111 | $0 |
| Global Retirement Partners, LLC | ADVISORY SERVICES | $930 | $0 |
| Hub International Midwest Limited | TPA FEES | $120 | $0 |
| Reliance Custody | CUSTODY FEES | $93 | $0 |