Outsourcing Strategies, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Outsourcing Strategies, Inc.)
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, Outsourcing Strategies, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Outsourcing Strategies, Inc. under EIN 20-3151312 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,245 participants and $25,835,728 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Outsourcing Strategies, Inc.
- EIN
- 20-3151312
- Plan number
- 001
- Plan type
- 3
- Location
- Westmont, IL
- Latest filing year
- 2023
- Participants
- 2,245
- End-of-year plan assets
- $25,835,728
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,245 | H, C | 20241014150736NAL0026514977001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,835,728
- Total liabilities (EOY)
- $60,365
- Net assets (EOY)
- $25,775,363
- Net assets (BOY)
- $18,702,548
Income & contributions
- Employer contributions
- $1,294,726
- Participant contributions
- $3,775,937
- Total contributions
- $5,351,918
- Total income / additions
- $8,619,062
Expenses & distributions
- Benefits paid
- $1,845,503
- Administrative expenses
- $153,129
- Total expenses
- $2,074,237
- Net increase / (decrease)
- $6,544,825
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $95,461 | $0 | 2023 |
| Fourstar Wealth Advisors LLC | INVESTMENT ADVISORY-PLAN | $42,081 | not reported in the loaded dataset | 2023 |
| Miller Cooper & Co., Ltd | AUDIT | $16,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Outsourcing Strategies, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Westmont, IL
- Transamerica Retirement Solutions — Schedule C compensation
- Fourstar Wealth Advisors LLC — Schedule C compensation
- Miller Cooper & Co., Ltd — Schedule C compensation