Utili-Serve, LLC 401(K) Plan — Form 5500 plan (Utili-Serve, 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, Utili-Serve, LLC 401(K) Plan is a benefit plan reported by Utili-Serve, LLC under EIN 26-2847595 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $7,910,441 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Utili-Serve, LLC
EIN
26-2847595
Plan number
001
Plan type
2
Location
Conover, NC
Latest filing year
2023
Participants
255
End-of-year plan assets
$7,910,441

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023255H, C20241014033321NAL0014503795001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,910,441
Total liabilities (EOY)
$0
Net assets (EOY)
$7,910,441
Net assets (BOY)
$5,655,100

Income & contributions

Employer contributions
$588,326
Participant contributions
$940,966
Total contributions
$1,647,272
Total income / additions
$2,741,041

Expenses & distributions

Benefits paid
$421,705
Administrative expenses
$50,352
Total expenses
$485,700
Net increase / (decrease)
$2,255,341

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cornerstone Wealth Group, LLCINVESTMENT ADVISOR$18,192not reported in the loaded dataset2023
Loren D Stark CompanyCONTRACT ADMIN$6,120$2,9122023
Empower Annuity Insurance Co.Of AmeRECORDKEEPER$4,980$02023

Related Form 5500 pages