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, Worksmart Systems, Inc. 401(K)Profit Sharing Plan And Trust is a benefit plan reported by Worksmart Systems, Inc. under EIN 35-2060071 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,617 participants and $258,574,812 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $258,574,812
- Total liabilities (EOY)
- $227,633
- Net assets (EOY)
- $258,347,179
- Net assets (BOY)
- $207,766,172
Income & contributions
- Employer contributions
- $10,433,415
- Participant contributions
- $20,668,059
- Total contributions
- $36,245,630
- Total income / additions
- $71,956,098
Expenses & distributions
- Benefits paid
- $24,800,921
- Administrative expenses
- $442,302
- Total expenses
- $25,471,451
- Net increase / (decrease)
- $46,484,647