2023 Form 5500 filing — Oakworks, 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 20241009115241NAL0018251905001) for Oakworks, Inc. 401(K) Profit Sharing Plan, reported by Oakworks, Inc. under EIN 52-1462439 and plan number 001. It reports 121 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)$6MReported net assets$6,035,480
Participants121
Provider compensation$33.1K5 Schedule C row(s)$33,090
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009115241NAL0018251905001
- Plan sponsor
- Oakworks, Inc.
- EIN
- 52-1462439
- Plan number
- 001
- Location
- New Freedom, PA
- 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)$6.1M total assets
Net assets$6MLiabilities$19.1K
Full reported line items
- Total assets (EOY)
- $6,054,537
- Total liabilities (EOY)
- $19,057
- Net assets (EOY)
- $6,035,480
- Employer contributions
- $170,611
- Participant contributions
- $359,571
- Total income / additions
- $1,468,995
- Benefits paid
- $333,124
- Administrative expenses
- $28,718
- Total expenses
- $366,546
- Net increase / (decrease)
- $1,102,449
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Capital Markets LLC | INVESTMENT ADVISOR | $13,421 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $12,458 | $0 |
| Pa Retirement Solutions Inc | CONTRACT ADMIN | $0 | $4,372 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $2,317 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $522 | not reported in the loaded dataset |