Walters Gardens, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Walters Gardens, 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, Walters Gardens, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Walters Gardens, Inc. under EIN 38-1903867 and plan number 002. The latest loaded filing year is 2023. The filing reports 223 participants and $19,334,900 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Walters Gardens, Inc.
- EIN
- 38-1903867
- Plan number
- 002
- Plan type
- 2
- Location
- Zeeland, MI
- Latest filing year
- 2023
- Participants
- 223
- End-of-year plan assets
- $19,334,900
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 223 | H, C | 20241014081551NAL0025707617001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,334,900
- Total liabilities (EOY)
- $22,296
- Net assets (EOY)
- $19,312,604
- Net assets (BOY)
- $15,904,207
Income & contributions
- Employer contributions
- $330,597
- Participant contributions
- $897,536
- Total contributions
- $1,285,883
- Total income / additions
- $4,125,021
Expenses & distributions
- Benefits paid
- $649,655
- Administrative expenses
- $66,969
- Total expenses
- $716,624
- Net increase / (decrease)
- $3,408,397
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,969 | $0 | 2023 |
| Principal Securities Inc | CONSULTANT | $0 | $30,315 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Walters Gardens, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Zeeland, MI
- Principal Life Insurance Company — Schedule C compensation
- Principal Securities Inc — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation