Workplace Elements 401(K) Savings Plan — Form 5500 plan (Workplace Elements)
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, Workplace Elements 401(K) Savings Plan is a benefit plan reported by Workplace Elements under EIN 26-3359223 and plan number 001. The latest loaded filing year is 2023. The filing reports 265 participants and $19,898,166 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Workplace Elements
- EIN
- 26-3359223
- Plan number
- 001
- Plan type
- 2
- Location
- Denver, CO
- Latest filing year
- 2023
- Participants
- 265
- End-of-year plan assets
- $19,898,166
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 265 | H, C | 20240910130518NAL0006897169001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,898,166
- Total liabilities (EOY)
- $1,088
- Net assets (EOY)
- $19,897,078
- Net assets (BOY)
- $7,120,733
Income & contributions
- Employer contributions
- $638,691
- Participant contributions
- $1,591,195
- Total contributions
- $2,737,063
- Total income / additions
- $5,449,734
Expenses & distributions
- Benefits paid
- $3,544,882
- Administrative expenses
- $106,007
- Total expenses
- $3,655,747
- Net increase / (decrease)
- $1,793,987
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $59,358 | $0 | 2023 |
| Nfp Retirement Inc. | INVESTMENT ADVISORY | $46,649 | $316 | 2023 |
| Creative Retirement Plan Consulting | OTHER SERVICES | $0 | $5,338 | 2023 |