401(K) Profit-Sharing Plan For Workforce Business Services, Inc. — Form 5500 plan (Workforce Business Services, 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, 401(K) Profit-Sharing Plan For Workforce Business Services, Inc. is a benefit plan reported by Workforce Business Services, Inc. under EIN 65-0847999 and plan number 333. The latest loaded filing year is 2023. The filing reports 1,198 participants and $27,395,365 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Workforce Business Services, Inc.
EIN
65-0847999
Plan number
333
Plan type
3
Location
Bradenton, FL
Latest filing year
2023
Participants
1,198
End-of-year plan assets
$27,395,365

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,198H, C20241031102134NAL0001067715001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,395,365
Total liabilities (EOY)
$49,718
Net assets (EOY)
$27,345,647
Net assets (BOY)
$17,876,232

Income & contributions

Employer contributions
$1,337,864
Participant contributions
$3,416,333
Total contributions
$4,905,076
Total income / additions
$8,459,140

Expenses & distributions

Benefits paid
$1,398,382
Administrative expenses
$3,558
Total expenses
$1,401,940
Net increase / (decrease)
$7,057,200

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mutual Of America Investment CorpRECORD KEEPER$3,686$02023

Related Form 5500 pages