2023 Form 5500 filing — Western State Agency, Inc. 401(K) Profit Sharing 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 20240802091606NAL0037735248001) for Western State Agency, Inc. 401(K) Profit Sharing Plan, reported by Western State Agency, Inc. under EIN 45-0106740 and plan number 001. It reports 321 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240802091606NAL0037735248001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Western State Agency, Inc.
- EIN
- 45-0106740
- Plan number
- 001
- Location
- Devils Lake, ND
- Participants
- 321
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,444,357
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,444,357
- Employer contributions
- $354,994
- Participant contributions
- $1,772,233
- Total income / additions
- $5,951,053
- Benefits paid
- $1,315,428
- Administrative expenses
- $260
- Total expenses
- $1,315,688
- Net increase / (decrease)
- $4,635,365
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| July Business Services | CONTRACT ADMIN | $8,100 | $8,541 |
| Empower Annuity Insurance Company | RECORDKEEPER | $2,510 | $0 |