2023 Form 5500 filing — Owen Industries, Inc. Profit Sharing & 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 20250415143617NAL0003376785001) for Owen Industries, Inc. Profit Sharing & 401(K) Plan, reported by Owen Industries, Inc. under EIN 47-0618875 and plan number 001. It reports 497 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)$26.8MReported net assets$26,751,245
Participants497
Provider compensation$116.2K5 Schedule C row(s)$116,249
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250415143617NAL0003376785001
- Plan sponsor
- Owen Industries, Inc.
- EIN
- 47-0618875
- Plan number
- 001
- Location
- Carter Lake, IA
- 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)$26.8M total assets
Net assets$26.8MLiabilities$21.1K
Full reported line items
- Total assets (EOY)
- $26,772,359
- Total liabilities (EOY)
- $21,114
- Net assets (EOY)
- $26,751,245
- Employer contributions
- $648,050
- Participant contributions
- $1,758,812
- Total income / additions
- $6,056,630
- Benefits paid
- $3,594,796
- Administrative expenses
- $106,420
- Total expenses
- $3,701,216
- Net increase / (decrease)
- $2,355,414
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $44,201 | $0 |
| Ascensus | CONTRACT ADMINISTRATOR | $27,246 | $11,830 |
| Hub Investment Advisors, Inc. | INVESTMENT ADVISORY | $22,861 | $56 |
| Ascensus | INVESTMENT ADVISORY | $10,055 | not reported in the loaded dataset |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |