The Willis 401(K) Plan — Form 5500 plan (Willis Lease Finance Corporation)
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 Willis 401(K) Plan is a benefit plan reported by Willis Lease Finance Corporation under EIN 68-0070656 and plan number 001. The latest loaded filing year is 2023. The filing reports 156 participants and $33,198,554 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Willis Lease Finance Corporation
- EIN
- 68-0070656
- Plan number
- 001
- Plan type
- 2
- Location
- Coconut Creek, FL
- Latest filing year
- 2023
- Participants
- 156
- End-of-year plan assets
- $33,198,554
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 156 | H, C | 20241011053524NAL0043249266001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,198,554
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,198,554
- Net assets (BOY)
- $27,406,233
Income & contributions
- Employer contributions
- $894,674
- Participant contributions
- $1,887,559
- Total contributions
- $3,733,867
- Total income / additions
- $8,571,124
Expenses & distributions
- Benefits paid
- $2,760,897
- Administrative expenses
- $17,906
- Total expenses
- $2,778,803
- Net increase / (decrease)
- $5,792,321
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Milliman, Inc. | NONE | $9,898 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $7,876 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |