2023 Form 5500 filing — Employbridge 401(K) 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 20241015100506NAL0016110483001) for Employbridge 401(K) Plan, reported by Employment Solutions Management, Inc. under EIN 27-2269356 and plan number 001. It reports 3,496 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015100506NAL0016110483001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Employment Solutions Management, Inc.
- EIN
- 27-2269356
- Plan number
- 001
- Location
- Farmers Branch, TX
- Participants
- 3,496
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $79,019,591
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $79,019,591
- Employer contributions
- $2,496,956
- Participant contributions
- $7,670,433
- Total income / additions
- $25,426,706
- Benefits paid
- $7,366,830
- Administrative expenses
- $219,595
- Total expenses
- $7,589,590
- Net increase / (decrease)
- $17,837,116
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $219,595 | $0 |
| Sikich, Llp | OTHER SERVICES | $0 | $20,380 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $9,735 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |