Plan5500

White Insurance Agency Inc 401(K) Profit Sharing Plan — Form 5500 plan (White Insurance Agency 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, White Insurance Agency Inc 401(K) Profit Sharing Plan is a benefit plan reported by White Insurance Agency Inc under EIN 56-0577603 and plan number 001. The latest loaded filing year is 2023. The filing reports 21 participants and $5,715,247 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.7MPlan net assets, end of year$5,715,247
Participants21Covered participants reported
Assets / participant$272.2KComputed: assets ÷ participants$272,155 (computed)
Provider compensationNone reported
Plan sponsor
White Insurance Agency Inc
EIN
56-0577603
Plan number
001
Plan type
2
Location
Black Mountain, NC
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    21 participants · 2Sch I
    View filing →
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.7M total assets
Net assets$5.7MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$46.5K
Benefits paid / distributions$45.6K
Contributions
Employer$77.8K
Participant$207.9K
Full reported line items

Net assets

Total assets (EOY)
$5,715,247
Total liabilities (EOY)
$0
Net assets (EOY)
$5,715,247
Net assets (BOY)
$4,457,532

Income & contributions

Employer contributions
$77,846
Participant contributions
$207,908
Total income / additions
$1,304,187

Expenses & distributions

Benefits paid
$45,593
Administrative expenses
$879
Total expenses
$46,472
Net increase / (decrease)
$1,257,715
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income3%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages