403(B) Thrift Plan Of Work Skills Corporation — Form 5500 plan (Work Skills Corporation)
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, 403(B) Thrift Plan Of Work Skills Corporation is a benefit plan reported by Work Skills Corporation under EIN 38-2025701 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,718 participants and $3,345,933 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Work Skills Corporation
- EIN
- 38-2025701
- Plan number
- 001
- Plan type
- 2
- Location
- Brighton, MI
- Latest filing year
- 2023
- Participants
- 1,718
- End-of-year plan assets
- $3,345,933
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,718 | H, C | 20241015145043NAL0056770018001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,345,933
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,345,933
- Net assets (BOY)
- $2,951,386
Income & contributions
- Employer contributions
- $54,017
- Participant contributions
- $215,990
- Total contributions
- $306,163
- Total income / additions
- $731,398
Expenses & distributions
- Benefits paid
- $332,674
- Administrative expenses
- $4,177
- Total expenses
- $336,851
- Net increase / (decrease)
- $394,547
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hub International Midwest Limited | TPA ALLOWANCE PROGRAM | $6,751 | $0 | 2023 |
| Stancorp Financial Group | RECORDKEEPER | $3,111 | $0 | 2023 |
| Global Retirement Partners, LLC | ADVISORY SERVICES | $930 | $0 | 2023 |
| Hub International Midwest Limited | TPA FEES | $120 | $0 | 2023 |
| Reliance Custody | CUSTODY FEES | $93 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Work Skills Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Brighton, MI
- Hub International Midwest Limited — Schedule C compensation
- Stancorp Financial Group — Schedule C compensation
- Global Retirement Partners, LLC — Schedule C compensation
- Reliance Custody — Schedule C compensation