Onshore Technology Services, Inc. 401(K) Plan — Form 5500 plan (Onshore Technology Services, 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, Onshore Technology Services, Inc. 401(K) Plan is a benefit plan reported by Onshore Technology Services, Inc. under EIN 20-1241175 and plan number 001. The latest loaded filing year is 2023. The filing reports 297 participants and $2,832,612 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.8MPlan net assets, end of year$2,832,612
Participants297Covered participants reported
Assets / participant$9.5KComputed: assets ÷ participants$9,537 (computed)
Provider compensation$37.3K2 Schedule C provider row(s)$37,343
Plan sponsor
Onshore Technology Services, Inc.
EIN
20-1241175
Plan number
001
Plan type
2
Location
Macon, MO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023297H, C20241014130449NAL0026217745001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.8M total assets
Net assets$2.8MLiabilities$0
Money in vs. money out
Total income / additions$899.1K
Total expenses$676.3K
Benefits paid / distributions$616.4K
Contributions
Employer$130.6K
Participant$308.6K
Full reported line items

Net assets

Total assets (EOY)
$2,832,612
Total liabilities (EOY)
$0
Net assets (EOY)
$2,832,612
Net assets (BOY)
$2,609,757

Income & contributions

Employer contributions
$130,632
Participant contributions
$308,604
Total contributions
$439,236
Total income / additions
$899,111

Expenses & distributions

Benefits paid
$616,445
Administrative expenses
$13,848
Total expenses
$676,256
Net increase / (decrease)
$222,855
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income69%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$31,000not reported in the loaded dataset2023
Infinex Investments, Inc.NONE$6,343not reported in the loaded dataset2023

Related Form 5500 pages