Whitmore Worsley, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Whitmore Worsley, Inc.)
Plain-English plan 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, Whitmore Worsley, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Whitmore Worsley, Inc. under EIN 11-1571994 and plan number 002. The latest loaded filing year is 2023. The filing reports 227 participants and $4,102,071 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Whitmore Worsley, Inc.
- EIN
- 11-1571994
- Plan number
- 002
- Plan type
- 2
- Location
- East Hampton, NY
- Latest filing year
- 2023
- Participants
- 227
- End-of-year plan assets
- $4,102,071
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 227 | H, C | 20240617150639NAL0001641617001 |
| 2023 | 188 | H, C | 20250930113744NAL0005469139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,793,107
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,793,107
- Net assets (BOY)
- $4,038,325
Income & contributions
- Employer contributions
- $17,395
- Participant contributions
- $227,721
- Total contributions
- $245,116
- Total income / additions
- $699,598
Expenses & distributions
- Benefits paid
- $894,563
- Administrative expenses
- $16,701
- Total expenses
- $944,816
- Net increase / (decrease)
- -$245,218
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $9,491 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $8,505 | $12 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $8,105 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $6,463 | $11 | 2023 |
| Associated Pension Consultants | CONTRACT ADMINISTRATOR | $1,405 | $905 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Whitmore Worsley, Inc.
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in East Hampton, NY
- Principal Life Insurance Co — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Associated Pension Consultants — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation