Mortensen Woodwork, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Mortensen Woodwork, 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, Mortensen Woodwork, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Mortensen Woodwork, Inc. under EIN 58-1813682 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $7,522,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mortensen Woodwork, Inc.
- EIN
- 58-1813682
- Plan number
- 001
- Plan type
- 2
- Location
- Union City, GA
- Latest filing year
- 2023
- Participants
- 171
- End-of-year plan assets
- $7,522,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20241015125550NAL0016435875001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,522,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,522,000
- Net assets (BOY)
- $7,037,496
Income & contributions
- Employer contributions
- $257,570
- Participant contributions
- $399,932
- Total contributions
- $757,164
- Total income / additions
- $1,718,058
Expenses & distributions
- Benefits paid
- $1,199,660
- Administrative expenses
- $33,894
- Total expenses
- $1,233,554
- Net increase / (decrease)
- $484,504
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $31,194 | $0 | 2023 |
| Truist Advisory Services, Inc. | INVESTMENT ADVISORY | $0 | $17,187 | 2023 |
| Erisa Services, Inc. | CONTRACT ADMINISTRATOR | $2,700 | $3,229 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mortensen Woodwork, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Union City, GA
- Principal Life Insurance Co — Schedule C compensation
- Truist Advisory Services, Inc. — Schedule C compensation
- Erisa Services, Inc. — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation