Wise Consulting Associates, Inc. Profit Sharing Plan — Form 5500 plan (Wise Consulting Associates, 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, Wise Consulting Associates, Inc. Profit Sharing Plan is a benefit plan reported by Wise Consulting Associates, Inc. under EIN 52-1974149 and plan number 002. The latest loaded filing year is 2023. The filing reports 141 participants and $4,201,072 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wise Consulting Associates, Inc.
- EIN
- 52-1974149
- Plan number
- 002
- Plan type
- 2
- Location
- Timonium, MD
- Latest filing year
- 2023
- Participants
- 141
- End-of-year plan assets
- $4,201,072
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 141 | H, C | 20241007120436NAL0008848595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,201,072
- Total liabilities (EOY)
- $134
- Net assets (EOY)
- $4,200,938
- Net assets (BOY)
- $11,287,141
Income & contributions
- Employer contributions
- $326,962
- Total contributions
- $326,962
- Total income / additions
- $3,493,699
Expenses & distributions
- Benefits paid
- $10,525,265
- Administrative expenses
- $52,675
- Total expenses
- $10,579,902
- Net increase / (decrease)
- -$7,086,203
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insureance Company | CONTRACT ADMINISTRATOR | $21,535 | not reported in the loaded dataset | 2023 |
| Smithelliottkearns And Company, LLC | AUDITOR | $16,000 | not reported in the loaded dataset | 2023 |
| Ventura Esop Fiduciary Service | TRUSTEE | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wise Consulting Associates, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Timonium, MD
- Principal Life Insureance Company — Schedule C compensation
- Smithelliottkearns And Company, LLC — Schedule C compensation
- Ventura Esop Fiduciary Service — Schedule C compensation