Omega Construction, Inc. 401(K) Plan — Form 5500 plan (Omega Construction, 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, Omega Construction, Inc. 401(K) Plan is a benefit plan reported by Omega Construction, Inc. under EIN 56-1087591 and plan number 001. The latest loaded filing year is 2023. The filing reports 138 participants and $6,153,506 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Omega Construction, Inc.
- EIN
- 56-1087591
- Plan number
- 001
- Plan type
- 2
- Location
- Winston-Salem, NC
- Latest filing year
- 2023
- Participants
- 138
- End-of-year plan assets
- $6,153,506
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 138 | H, C | 20241002094556NAL0004699651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,153,506
- Total liabilities (EOY)
- $866
- Net assets (EOY)
- $6,152,640
- Net assets (BOY)
- $3,790,326
Income & contributions
- Employer contributions
- $209,446
- Participant contributions
- $976,279
- Total contributions
- $1,863,809
- Total income / additions
- $2,637,633
Expenses & distributions
- Benefits paid
- $238,979
- Administrative expenses
- $36,340
- Total expenses
- $275,319
- Net increase / (decrease)
- $2,362,314
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $17,824 | $0 | 2023 |
| Aprio Wealth Management LLC | INVESTMENT ADVISOR | $17,548 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $3,368 | not reported in the loaded dataset | 2023 |
| Aprio Benefit Advisors, LLC | CONTRACT ADMINISTRATOR | $550 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Omega Construction, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Winston-Salem, NC
- Empower Annuity Insurance Company — Schedule C compensation
- Aprio Wealth Management LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Aprio Benefit Advisors, LLC — Schedule C compensation