2023 Form 5500 filing — Employment Services 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 20241015164119NAL0015096819001) for Employment Services 401(K) Plan, reported by Employment Services, Inc. under EIN 54-1058176 and plan number 001. It reports 682 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)$13.1MReported net assets$13,065,786
Participants682
Provider compensation$60K3 Schedule C row(s)$60,002
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015164119NAL0015096819001
- Plan sponsor
- Employment Services, Inc.
- EIN
- 54-1058176
- Plan number
- 001
- Location
- Virginia Beach, VA
- 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)$13.1M total assets
Net assets$13.1MLiabilities—
Full reported line items
- Total assets (EOY)
- $13,065,786
- Net assets (EOY)
- $13,065,786
- Employer contributions
- $310,323
- Participant contributions
- $1,515,304
- Total income / additions
- $3,364,313
- Benefits paid
- $1,713,951
- Administrative expenses
- $107,263
- Total expenses
- $1,821,214
- Net increase / (decrease)
- $1,543,099
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Barnes Tpa & Associates, LLC | TPA | $33,665 | $2,102 |
| Royal Alliance Associates Inc | INVESTMENT ADVISORY0 | $0 | $24,235 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | not reported in the loaded dataset | not reported in the loaded dataset |