The Wittern Group Non-Bargaining 401(K) Plan — Form 5500 plan (The Wittern Group)

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 Wittern Group Non-Bargaining 401(K) Plan is a benefit plan reported by The Wittern Group under EIN 42-1414494 and plan number 003. The latest loaded filing year is 2023. The filing reports 240 participants and $18,515,514 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$18.5MPlan net assets, end of year$18,515,514
Participants240Covered participants reported
Assets / participant$77.1KComputed: assets ÷ participants$77,148 (computed)
Provider compensation$68.6K2 Schedule C provider row(s)$68,608
Plan sponsor
The Wittern Group
EIN
42-1414494
Plan number
003
Plan type
2
Location
Clive, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023240H, C20241014091747NAL0025804657001
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)$18.5M total assets
Net assets$18.5MLiabilities$0
Money in vs. money out
Total income / additions$4.3M
Total expenses$870K
Benefits paid / distributions$822.6K
Contributions
Employer$512.6K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$18,515,514
Total liabilities (EOY)
$0
Net assets (EOY)
$18,515,514
Net assets (BOY)
$15,091,851

Income & contributions

Employer contributions
$512,563
Participant contributions
$1,053,699
Total contributions
$1,798,211
Total income / additions
$4,296,204

Expenses & distributions

Benefits paid
$822,645
Administrative expenses
$47,310
Total expenses
$869,955
Net increase / (decrease)
$3,426,249
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$47,310$02023
Global Retirement Partners LLCINVESTMENT ADVISORY$0$21,2982023

Related Form 5500 pages