Watson Clinic Llp Profit Sharing Plan — Form 5500 plan (Watson Clinic Llp)

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, Watson Clinic Llp Profit Sharing Plan is a benefit plan reported by Watson Clinic Llp under EIN 59-0704934 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,587 participants and $282,522,839 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Watson Clinic Llp
EIN
59-0704934
Plan number
001
Plan type
2
Location
Lakeland, FL
Latest filing year
2023
Participants
2,587
End-of-year plan assets
$282,522,839

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,587H, C20250501075516NAL0002952561001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$282,522,839
Total liabilities (EOY)
$0
Net assets (EOY)
$282,522,839
Net assets (BOY)
$242,095,857

Income & contributions

Employer contributions
$5,231,652
Participant contributions
$10,729,028
Total contributions
$16,633,076
Total income / additions
$58,655,741

Expenses & distributions

Benefits paid
$17,653,195
Administrative expenses
$568,647
Total expenses
$18,228,759
Net increase / (decrease)
$40,426,982

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Oneamerica Retirement ServicesRECORDKEEPER$260,450$02023
James M LuffmanADVISOR$122,523not reported in the loaded dataset2023
Agw Capital AdvisorsADVISOR$69,855not reported in the loaded dataset2023
Fred Lopez/Allen & Co Of FloridaADVISOR$38,258not reported in the loaded dataset2023
Lindsey ShannonADVISOR$25,317not reported in the loaded dataset2023
William MerriamADVISOR$16,995not reported in the loaded dataset2023
Isaac HartmannADVISOR$14,911not reported in the loaded dataset2023
Jeffrey LarsonADVISOR$5,702not reported in the loaded dataset2023
Brian HansenADVISOR$5,378not reported in the loaded dataset2023
Td AmeritradeADVISOR$2,640$02023
Matrix Trust CompanyTRUSTEE$0$02023

Related Form 5500 pages