Work & Co. 401(K) Plan — Form 5500 plan (Workandco International Inc. D/B/A Work & Co.)
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, Work & Co. 401(K) Plan is a benefit plan reported by Workandco International Inc. D/B/A Work & Co. under EIN 46-2436774 and plan number 001. The latest loaded filing year is 2023. The filing reports 560 participants and $34,100,839 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Workandco International Inc. D/B/A Work & Co.
- EIN
- 46-2436774
- Plan number
- 001
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 560
- End-of-year plan assets
- $34,100,839
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 560 | H, C | 20240828155406NAL0022312032001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,100,839
- Total liabilities (EOY)
- $2,200
- Net assets (EOY)
- $34,098,639
- Net assets (BOY)
- $24,653,997
Income & contributions
- Employer contributions
- $1,588,517
- Participant contributions
- $3,312,711
- Total contributions
- $5,634,373
- Total income / additions
- $11,159,129
Expenses & distributions
- Benefits paid
- $3,016,699
- Administrative expenses
- $6,501
- Total expenses
- $3,023,200
- Net increase / (decrease)
- $8,135,929
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Associated Pension Consultants, Inc | CONTRACT ADMINISTRATOR | $2,270 | $13,556 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $4,231 | $0 | 2023 |