2023 Form 5500 filing — Empowered Ventures, Inc. Profit Sharing And 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 20250114141140NAL0020121777001) for Empowered Ventures, Inc. Profit Sharing And 401(K) Plan, reported by Empowered Ventures, Inc. under EIN 85-1267873 and plan number 001. It reports 159 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)$6.9MReported net assets$6,860,409
Participants159
Provider compensation$39.6K2 Schedule C row(s)$39,627
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250114141140NAL0020121777001
- Plan sponsor
- Empowered Ventures, Inc.
- EIN
- 85-1267873
- Plan number
- 001
- Location
- Carmel, IN
- 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)$6.9M total assets
Net assets$6.9MLiabilities$15K
Full reported line items
- Total assets (EOY)
- $6,875,458
- Total liabilities (EOY)
- $15,049
- Net assets (EOY)
- $6,860,409
- Participant contributions
- $646,372
- Total income / additions
- $1,689,548
- Benefits paid
- $1,883,280
- Administrative expenses
- $39,628
- Total expenses
- $1,922,908
- Net increase / (decrease)
- -$233,360
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $29,343 | $0 |
| Wells Fargo | N/A | $10,284 | $0 |