2023 Form 5500 filing — Walpole, 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 20241004124939NAL0012225921001) for Walpole, Inc. 401(K) Profit Sharing Plan, reported by Walpole, Inc. under EIN 59-1305687 and plan number 003. It reports 324 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.4MReported net assets$8,393,264
Participants324
Provider compensation$57.5K4 Schedule C row(s)$57,513
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241004124939NAL0012225921001
Plan sponsor
Walpole, Inc.
EIN
59-1305687
Plan number
003
Location
Okeechobee, FL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.4M total assets
Net assets$8.4MLiabilities$0
Money in vs. money out
Total income / additions$2.1M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$416.4K
Participant$752.7K
Full reported line items
Total assets (EOY)
$8,393,264
Total liabilities (EOY)
$0
Net assets (EOY)
$8,393,264
Employer contributions
$416,389
Participant contributions
$752,665
Total income / additions
$2,079,733
Benefits paid
$1,007,653
Administrative expenses
$45,712
Total expenses
$1,065,415
Net increase / (decrease)
$1,014,318

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$26,474$0
Empower Advisory Group, LLCINVESTMENT MGMT$15,465not reported in the loaded dataset
Massachusetts Mutual Life Ins CompBROKER/ADVISER$0$11,801
Leafhouse Financial Advisors, LLCINVESTMENT ADVISOR$3,773not reported in the loaded dataset

Related Form 5500 pages