2023 Form 5500 filing — Power Works Industries, Inc. Health & Welfare Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240730142111NAL0013502291001) for Power Works Industries, Inc. Health & Welfare Plan, reported by Power Works Industries, Inc. under EIN 58-2267548 and plan number 506. It reports 117 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730142111NAL0013502291001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Power Works Industries, Inc.
- EIN
- 58-2267548
- Plan number
- 506
- Location
- San Mateo, CA
- Participants
- 117
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $160,774
- Total liabilities (EOY)
- $48,307
- Net assets (EOY)
- $112,467
- Employer contributions
- $800,584
- Participant contributions
- $24,899
- Total income / additions
- $825,483
- Benefits paid
- $577,558
- Administrative expenses
- $171,135
- Total expenses
- $748,693
- Net increase / (decrease)
- $76,790
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fce Benefit Administrators, Inc. | SERVICE PROVIDER | $124,508 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | NONE | $22,050 | not reported in the loaded dataset |
| Cigna Health And Life Insurance Co | NONE | $16,196 | not reported in the loaded dataset |
| Trust Management Services | SERVICE PROVIDER | $8,225 | not reported in the loaded dataset |