Winsystems, Inc. Employee Stock Ownership Plan — Form 5500 plan (Winsystems, 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, Winsystems, Inc. Employee Stock Ownership Plan is a benefit plan reported by Winsystems, Inc. under EIN 75-1794492 and plan number 002. The latest loaded filing year is 2023. The filing reports 70 participants and $1,509,944 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.5MPlan net assets, end of year$1,491,000
Participants70Covered participants reported
Assets / participant$21.6KComputed: assets ÷ participants$21,571 (computed)
Provider compensationNone reported
Plan sponsor
Winsystems, Inc.
EIN
75-1794492
Plan number
002
Plan type
2
Location
Grand Prairie, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202370I20240822210349NAL0005639137001
Schedule I · 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)$1.5M total assets
Net assets$1.5MLiabilities$18.9K
Money in vs. money out
Total income / additions-$789.2K
Total expenses$169.8K
Benefits paid / distributions$169.8K
Contributions
Employer$169.8K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$1,509,944
Total liabilities (EOY)
$18,944
Net assets (EOY)
$1,491,000
Net assets (BOY)
$2,450,000

Income & contributions

Employer contributions
$169,844
Total income / additions
-$789,156

Expenses & distributions

Benefits paid
$169,844
Total expenses
$169,844
Net increase / (decrease)
-$959,000

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages