Plan5500

Wits Solutions, Inc. Health And Welfare Plan — Form 5500 plan (Wits Solutions, 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, Wits Solutions, Inc. Health And Welfare Plan is a benefit plan reported by Wits Solutions, Inc under EIN 26-3877344 and plan number 501. The latest loaded filing year is 2023. The filing reports 146 participants and $36,519 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wits Solutions, Inc
EIN
26-3877344
Plan number
501
Plan type
2
Location
San Mateo, CA
Latest filing year
2023
Participants
146
End-of-year plan assets
$36,519

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023146H, C20241008113219NAL0009593555001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$36,519
Total liabilities (EOY)
$20,424
Net assets (EOY)
$16,095
Net assets (BOY)
$39,519

Income & contributions

Employer contributions
$429,829
Participant contributions
$173,318
Total contributions
$603,147
Total income / additions
$603,147

Expenses & distributions

Benefits paid
$534,860
Administrative expenses
$91,711
Total expenses
$626,571
Net increase / (decrease)
-$23,424

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fce Benefit Administrators, Inc.NONE$52,827$6982023
Ineich & Company, LlpNONE$19,000not reported in the loaded dataset2023
Fiduciary Plan Management ServicesNONE$9,032not reported in the loaded dataset2023
Business Benefits GroupNONE$8,277not reported in the loaded dataset2023

Related Form 5500 pages