2023 Form 5500 filing — 401(K) Profit-Sharing Plan For Workforce Business Services, Inc.
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 20241031102134NAL0001067715001) for 401(K) Profit-Sharing Plan For Workforce Business Services, Inc., reported by Workforce Business Services, Inc. under EIN 65-0847999 and plan number 333. It reports 1,198 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241031102134NAL0001067715001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Workforce Business Services, Inc.
- EIN
- 65-0847999
- Plan number
- 333
- Location
- Bradenton, FL
- Participants
- 1,198
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,395,365
- Total liabilities (EOY)
- $49,718
- Net assets (EOY)
- $27,345,647
- Employer contributions
- $1,337,864
- Participant contributions
- $3,416,333
- Total income / additions
- $8,459,140
- Benefits paid
- $1,398,382
- Administrative expenses
- $3,558
- Total expenses
- $1,401,940
- Net increase / (decrease)
- $7,057,200
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mutual Of America Investment Corp | RECORD KEEPER | $3,686 | $0 |