Employbridge 401(K) Plan — Form 5500 plan (Employment Solutions Management, 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, Employbridge 401(K) Plan is a benefit plan reported by Employment Solutions Management, Inc. under EIN 27-2269356 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,496 participants and $79,019,591 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Employment Solutions Management, Inc.
EIN
27-2269356
Plan number
001
Plan type
2
Location
Farmers Branch, TX
Latest filing year
2023
Participants
3,496
End-of-year plan assets
$79,019,591

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,496H, C20241015100506NAL0016110483001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$79,019,591
Total liabilities (EOY)
$0
Net assets (EOY)
$79,019,591
Net assets (BOY)
$61,182,475

Income & contributions

Employer contributions
$2,496,956
Participant contributions
$7,670,433
Total contributions
$14,506,083
Total income / additions
$25,426,706

Expenses & distributions

Benefits paid
$7,366,830
Administrative expenses
$219,595
Total expenses
$7,589,590
Net increase / (decrease)
$17,837,116

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$219,595$02023
Sikich, LlpOTHER SERVICES$0$20,3802023
Kestra Advisory Services, LLCINVESTMENT ADVISORY$0$9,7352023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages