The Workshops, Inc. 401(K) Plan — Form 5500 plan (The Workshops, 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, The Workshops, Inc. 401(K) Plan is a benefit plan reported by The Workshops, Inc. under EIN 34-1033148 and plan number 001. The latest loaded filing year is 2023. The filing reports 295 participants and $381,847 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$370.4KPlan net assets, end of year$370,397
Participants295Covered participants reported
Assets / participant$1.3KComputed: assets ÷ participants$1,294 (computed)
Provider compensation$3.1K4 Schedule C provider row(s)$3,060
- Plan sponsor
- The Workshops, Inc.
- EIN
- 34-1033148
- Plan number
- 001
- Plan type
- 2
- Location
- Canton, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 295 | H, C | 20241008113810NAL0017477025001 |
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)$381.8K total assets
Net assets$370.4KLiabilities$11.4K
Full reported line items
Net assets
- Total assets (EOY)
- $381,847
- Total liabilities (EOY)
- $11,450
- Net assets (EOY)
- $370,397
- Net assets (BOY)
- $220,408
Income & contributions
- Employer contributions
- $37,128
- Participant contributions
- $88,054
- Total contributions
- $125,182
- Total income / additions
- $174,094
Expenses & distributions
- Benefits paid
- $10,149
- Administrative expenses
- $2,506
- Total expenses
- $24,105
- Net increase / (decrease)
- $149,989
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cambridge Investment Group, Inc | INVESTMENT ADVISORY SVC | $0 | $2,239 | 2023 |
| Morningstart Investment Management | INVESTMENT ADVISORY PPT | $344 | not reported in the loaded dataset | 2023 |
| Voya Retirement Insurance And Annui | INVESTMENT ADVISORY PPT | $344 | $0 | 2023 |
| Creative Retirement Systems, Inc | TPA | $0 | $133 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Workshops, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canton, OH
- Cambridge Investment Group, Inc — Schedule C compensation
- Morningstart Investment Management — Schedule C compensation
- Voya Retirement Insurance And Annui — Schedule C compensation
- Creative Retirement Systems, Inc — Schedule C compensation