Owen Industries, Inc. Profit Sharing & 401(K) Plan — Form 5500 plan (Owen Industries, 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, Owen Industries, Inc. Profit Sharing & 401(K) Plan is a benefit plan reported by Owen Industries, Inc. under EIN 47-0618875 and plan number 001. The latest loaded filing year is 2023. The filing reports 497 participants and $26,772,359 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Owen Industries, Inc.
- EIN
- 47-0618875
- Plan number
- 001
- Plan type
- 2
- Location
- Carter Lake, IA
- Latest filing year
- 2023
- Participants
- 497
- End-of-year plan assets
- $26,772,359
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 497 | H, C | 20250415143617NAL0003376785001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,772,359
- Total liabilities (EOY)
- $21,114
- Net assets (EOY)
- $26,751,245
- Net assets (BOY)
- $23,371,300
Income & contributions
- Employer contributions
- $648,050
- Participant contributions
- $1,758,812
- Total contributions
- $2,569,494
- Total income / additions
- $6,056,630
Expenses & distributions
- Benefits paid
- $3,594,796
- Administrative expenses
- $106,420
- Total expenses
- $3,701,216
- Net increase / (decrease)
- $2,355,414
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $44,201 | $0 | 2023 |
| Ascensus | CONTRACT ADMINISTRATOR | $27,246 | $11,830 | 2023 |
| Hub Investment Advisors, Inc. | INVESTMENT ADVISORY | $22,861 | $56 | 2023 |
| Ascensus | INVESTMENT ADVISORY | $10,055 | not reported in the loaded dataset | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Owen Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Carter Lake, IA
- Principal Life Insurance Company — Schedule C compensation
- Ascensus — Schedule C compensation
- Hub Investment Advisors, Inc. — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation