2023 Form 5500 filing — Formulated Solutions 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 20250501144115NAL0002349347001) for Formulated Solutions 401(K) Plan, reported by Formulated Solutions, LLC under EIN 59-3679835 and plan number 001. It reports 662 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250501144115NAL0002349347001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Formulated Solutions, LLC
- EIN
- 59-3679835
- Plan number
- 001
- Location
- Largo, FL
- Participants
- 662
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,285,053
- Total liabilities (EOY)
- $23,426
- Net assets (EOY)
- $10,261,627
- Employer contributions
- $879,300
- Participant contributions
- $2,014,155
- Total income / additions
- $5,257,451
- Benefits paid
- $1,273,749
- Administrative expenses
- $1,320
- Total expenses
- $1,308,456
- Net increase / (decrease)
- $3,948,995
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward D Jones & Co. Lp | RECORDKEEPER | $21,951 | $0 |
| Signature Benefit Solutions, Inc. | CONTRACT ADMIN | $14,550 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $4,270 | $0 |