The Walman Optical Company 401(K) Plan — Form 5500 plan (The Walman Optical Company)
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 Walman Optical Company 401(K) Plan is a benefit plan reported by The Walman Optical Company under EIN 41-0598170 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,615 participants and $105,185,064 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Walman Optical Company
- EIN
- 41-0598170
- Plan number
- 002
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 1,615
- End-of-year plan assets
- $105,185,064
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,615 | H, C | 20241014145412NAL0026478721001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $105,185,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $105,185,064
- Net assets (BOY)
- $97,282,515
Income & contributions
- Employer contributions
- $3,327,901
- Participant contributions
- $4,210,968
- Total contributions
- $8,332,381
- Total income / additions
- $23,192,400
Expenses & distributions
- Benefits paid
- $15,039,790
- Administrative expenses
- $250,061
- Total expenses
- $15,289,851
- Net increase / (decrease)
- $7,902,549
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Milliman, Inc. | NONE | $156,635 | not reported in the loaded dataset | 2023 |
| Alerus Financial | NONE | $52,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $28,426 | $0 | 2023 |
| Advanced Capital Group, Inc. | NONE | $13,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $176 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Walman Optical Company
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Milliman, Inc. — Schedule C compensation
- Alerus Financial — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Advanced Capital Group, Inc. — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation