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, Work Sharp 401(K) Plan is a benefit plan reported by Darex, LLC under EIN 93-1274293 and plan number 001. The latest loaded filing year is 2023. The filing reports 125 participants and $6,417,283 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,417,283
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,417,283
- Net assets (BOY)
- $6,026,780
Income & contributions
- Employer contributions
- $112,227
- Participant contributions
- $522,206
- Total contributions
- $639,548
- Total income / additions
- $1,605,404
Expenses & distributions
- Benefits paid
- $1,185,377
- Administrative expenses
- $14,089
- Total expenses
- $1,214,901
- Net increase / (decrease)
- $390,503