Woodruff & Sons Inc. 401k/Profit Sharing Retirement Plan — Form 5500 plan (Woodruff & Sons 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, Woodruff & Sons Inc. 401k/Profit Sharing Retirement Plan is a benefit plan reported by Woodruff & Sons Inc. under EIN 35-1058916 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $12,032,036 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Woodruff & Sons Inc.
- EIN
- 35-1058916
- Plan number
- 001
- Plan type
- 2
- Location
- Bradenton, FL
- Latest filing year
- 2023
- Participants
- 275
- End-of-year plan assets
- $12,032,036
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 275 | H, C | 20250429121350NAL0000956034001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,032,036
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,032,036
- Net assets (BOY)
- $10,092,945
Income & contributions
- Employer contributions
- $350,000
- Participant contributions
- $241,034
- Total contributions
- $591,034
- Total income / additions
- $2,255,627
Expenses & distributions
- Benefits paid
- $316,536
- Administrative expenses
- $0
- Total expenses
- $316,536
- Net increase / (decrease)
- $1,939,091
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American United Life Insurance Co | NONE | $0 | $18,893 | 2023 |