Multistudio Inc 401k Profit Sharing Plan — Form 5500 plan (Multistudio, 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, Multistudio Inc 401k Profit Sharing Plan is a benefit plan reported by Multistudio, Inc. under EIN 48-1010359 and plan number 001. The latest loaded filing year is 2023. The filing reports 227 participants and $27,468,911 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Multistudio, Inc.
EIN
48-1010359
Plan number
001
Plan type
2
Location
Kansas City, MO
Latest filing year
2023
Participants
227
End-of-year plan assets
$27,468,911

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023227H, C20240913115204NAL0009878865001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,468,911
Total liabilities (EOY)
$0
Net assets (EOY)
$27,468,911
Net assets (BOY)
$22,083,819

Income & contributions

Employer contributions
$354,471
Participant contributions
$1,391,544
Total contributions
$2,034,506
Total income / additions
$6,086,986

Expenses & distributions

Benefits paid
$949,299
Administrative expenses
$148,353
Total expenses
$1,097,652
Net increase / (decrease)
$4,989,334

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$113,983$02023
Creative Planning IncCONTRACT ADMINISTRATOR$34,370$56,9512023

Related Form 5500 pages