Workhorse Technologies, Inc. 401(K) Plan — Form 5500 plan (Workhorse Technologies, 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, Workhorse Technologies, Inc. 401(K) Plan is a benefit plan reported by Workhorse Technologies, Inc. under EIN 20-8529895 and plan number 001. The latest loaded filing year is 2023. The filing reports 343 participants and $9,164,319 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Workhorse Technologies, Inc.
- EIN
- 20-8529895
- Plan number
- 001
- Plan type
- 2
- Location
- Sharonville, OH
- Latest filing year
- 2023
- Participants
- 343
- End-of-year plan assets
- $9,164,319
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 343 | H, C | 20241015111008NAL0014458947001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,164,319
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,164,319
- Net assets (BOY)
- $5,232,908
Income & contributions
- Employer contributions
- $1,305,024
- Participant contributions
- $2,138,928
- Total contributions
- $3,962,986
- Total income / additions
- $5,242,092
Expenses & distributions
- Benefits paid
- $1,268,708
- Administrative expenses
- $33,295
- Total expenses
- $1,310,681
- Net increase / (decrease)
- $3,931,411
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $2,150 | $31,956 | 2023 |
| Pca Investment Advisory Services | NONE | $27,372 | not reported in the loaded dataset | 2023 |
| Wilshire Associates Inc | NONE | $1,473 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Workhorse Technologies, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Sharonville, OH
- John Hancock Life Insurance Company — Schedule C compensation
- Pca Investment Advisory Services — Schedule C compensation
- Wilshire Associates Inc — Schedule C compensation