Work, Inc. Health & Welfare Plan — Form 5500 plan (Work, 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, Work, Inc. Health & Welfare Plan is a benefit plan reported by Work, Inc. under EIN 23-7100726 and plan number 501. The latest loaded filing year is 2023. The filing reports 118 participants and $304,196 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$205KPlan net assets, end of year$205,010
Participants118Covered participants reported
Assets / participant$2.6KComputed: assets ÷ participants$2,578 (computed)
Provider compensation$180.4K5 Schedule C provider row(s)$180,406
Plan sponsor
Work, Inc.
EIN
23-7100726
Plan number
501
Plan type
2
Location
San Mateo, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023118H, C20241009091617NAL0018948769001
2023279H, C20250121152755NAL0002440851001
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)$304.2K total assets
Net assets$205KLiabilities$99.2K
Money in vs. money out
Total income / additions$891.8K
Total expenses$763.5K
Benefits paid / distributions$594.7K
Contributions
Employer$890.8K
Participant$998
Full reported line items

Net assets

Total assets (EOY)
$304,196
Total liabilities (EOY)
$99,186
Net assets (EOY)
$205,010
Net assets (BOY)
$76,643

Income & contributions

Employer contributions
$890,849
Participant contributions
$998
Total contributions
$891,847
Total income / additions
$891,847

Expenses & distributions

Benefits paid
$594,720
Administrative expenses
$168,760
Total expenses
$763,480
Net increase / (decrease)
$128,367

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fce Benefit Administrators Inc.NONE$119,625not reported in the loaded dataset2023
Cigna Health And Life Insturace ComNONE$19,851not reported in the loaded dataset2023
Fce Benefit Administrators, Inc.NONE$17,695not reported in the loaded dataset2023
Ineich & Company, LlpNONE$16,800not reported in the loaded dataset2023
Fce Financial Services, Inc.NONE$6,435not reported in the loaded dataset2023

Related Form 5500 pages