Walpole, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Walpole, 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, Walpole, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Walpole, Inc. under EIN 59-1305687 and plan number 003. The latest loaded filing year is 2023. The filing reports 324 participants and $8,393,264 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.4MPlan net assets, end of year$8,393,264
Participants324Covered participants reported
Assets / participant$25.9KComputed: assets ÷ participants$25,905 (computed)
Provider compensation$57.5K4 Schedule C provider row(s)$57,513
- Plan sponsor
- Walpole, Inc.
- EIN
- 59-1305687
- Plan number
- 003
- Plan type
- 2
- Location
- Okeechobee, FL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 324 | H, C | 20241004124939NAL0012225921001 |
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)$8.4M total assets
Net assets$8.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,393,264
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,393,264
- Net assets (BOY)
- $7,378,946
Income & contributions
- Employer contributions
- $416,389
- Participant contributions
- $752,665
- Total contributions
- $1,169,054
- Total income / additions
- $2,079,733
Expenses & distributions
- Benefits paid
- $1,007,653
- Administrative expenses
- $45,712
- Total expenses
- $1,065,415
- Net increase / (decrease)
- $1,014,318
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.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $26,474 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $15,465 | not reported in the loaded dataset | 2023 |
| Massachusetts Mutual Life Ins Comp | BROKER/ADVISER | $0 | $11,801 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $3,773 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Walpole, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Okeechobee, FL
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Massachusetts Mutual Life Ins Comp — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation