2023 Form 5500 filing — Watson Clinic Llp 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 20250501075516NAL0002952561001) for Watson Clinic Llp Profit Sharing Plan, reported by Watson Clinic Llp under EIN 59-0704934 and plan number 001. It reports 2,587 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250501075516NAL0002952561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Watson Clinic Llp
- EIN
- 59-0704934
- Plan number
- 001
- Location
- Lakeland, FL
- Participants
- 2,587
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $282,522,839
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $282,522,839
- Employer contributions
- $5,231,652
- Participant contributions
- $10,729,028
- Total income / additions
- $58,655,741
- Benefits paid
- $17,653,195
- Administrative expenses
- $568,647
- Total expenses
- $18,228,759
- Net increase / (decrease)
- $40,426,982
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oneamerica Retirement Services | RECORDKEEPER | $260,450 | $0 |
| James M Luffman | ADVISOR | $122,523 | not reported in the loaded dataset |
| Agw Capital Advisors | ADVISOR | $69,855 | not reported in the loaded dataset |
| Fred Lopez/Allen & Co Of Florida | ADVISOR | $38,258 | not reported in the loaded dataset |
| Lindsey Shannon | ADVISOR | $25,317 | not reported in the loaded dataset |
| William Merriam | ADVISOR | $16,995 | not reported in the loaded dataset |
| Isaac Hartmann | ADVISOR | $14,911 | not reported in the loaded dataset |
| Jeffrey Larson | ADVISOR | $5,702 | not reported in the loaded dataset |
| Brian Hansen | ADVISOR | $5,378 | not reported in the loaded dataset |
| Td Ameritrade | ADVISOR | $2,640 | $0 |
| Matrix Trust Company | TRUSTEE | $0 | $0 |