Worldwide Techservices Retirement Savings Plan — Form 5500 plan (Worldwide Techservices, LLC)

Plain-English plan 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, Worldwide Techservices Retirement Savings Plan is a benefit plan reported by Worldwide Techservices, LLC under EIN 13-4114547 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,747 participants and $57,070,337 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$57.1MPlan net assets, end of year$57,070,337
Participants1.7KCovered participants reported1,747
Assets / participant$32.7KComputed: assets ÷ participants$32,668 (computed)
Provider compensation$10.7K1 Schedule C provider row(s)$10,684
Plan sponsor
Worldwide Techservices, LLC
EIN
13-4114547
Plan number
001
Plan type
2
Location
North Billerica, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,747H, C20241010100751NAL0011360931001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$57.1M total assets
Net assets$57.1MLiabilities$0
Money in vs. money out
Total income / additions$11.1M
Total expenses$9.2M
Benefits paid / distributions$9.3M
Contributions
Employer$397.9K
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$57,070,337
Total liabilities (EOY)
$0
Net assets (EOY)
$57,070,337
Net assets (BOY)
$55,212,279

Income & contributions

Employer contributions
$397,946
Participant contributions
$2,460,492
Total contributions
$2,923,832
Total income / additions
$11,102,363

Expenses & distributions

Benefits paid
$9,256,910
Administrative expenses
$10,684
Total expenses
$9,244,305
Net increase / (decrease)
$1,858,058
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 14%Participant 86%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income83%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$10,684$02023

Related Form 5500 pages