2023 Form 5500 filing — Drum Workshop, 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 20241014163805NAL0013633251001) for Drum Workshop, Inc. 401(K) Profit Sharing Plan, reported by Drum Workshop, Inc. under EIN 95-3191311 and plan number 001. It reports 242 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014163805NAL0013633251001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Drum Workshop, Inc.
- EIN
- 95-3191311
- Plan number
- 001
- Location
- Oxnard, CA
- Participants
- 242
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,171,288
- Net assets (EOY)
- $15,171,288
- Employer contributions
- $197,142
- Participant contributions
- $1,116,038
- Total income / additions
- $3,585,497
- Benefits paid
- $217,183
- Administrative expenses
- $56,950
- Total expenses
- $274,133
- Net increase / (decrease)
- $3,311,364
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ifp Advisors, LLC | INVESTMENT ADVISORY-PLAN | $30,000 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORD KEEPER | $19,910 | $0 |
| Fiduciary Outsourcing, LLC | FIDUCIARY | $7,040 | not reported in the loaded dataset |