Elmer Smith Oil Co., Inc. Employees' Profit Sharing Plan — Form 5500 plan (Elmer Smith Oil Company)
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, Elmer Smith Oil Co., Inc. Employees' Profit Sharing Plan is a benefit plan reported by Elmer Smith Oil Company under EIN 73-0957873 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $13,252,176 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Elmer Smith Oil Company
- EIN
- 73-0957873
- Plan number
- 001
- Plan type
- 2
- Location
- Clinton, OK
- Latest filing year
- 2023
- Participants
- 177
- End-of-year plan assets
- $13,252,176
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 177 | H, C | 20241007164448NAL0016451121001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,252,176
- Total liabilities (EOY)
- $16,291
- Net assets (EOY)
- $13,235,885
- Net assets (BOY)
- $12,056,170
Income & contributions
- Employer contributions
- $400,245
- Participant contributions
- $392,087
- Total contributions
- $792,332
- Total income / additions
- $2,383,352
Expenses & distributions
- Benefits paid
- $1,118,564
- Administrative expenses
- $68,782
- Total expenses
- $1,203,637
- Net increase / (decrease)
- $1,179,715
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $31,748 | $0 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMIN | $26,703 | $0 | 2023 |
| Argent Retirement Plan Advisors LLC | INVESTMENT ADVISOR | $14,601 | $7,353 | 2023 |
| Employee Benefits Group, LLC | CONTRACT ADMIN | $4,623 | $17,214 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Elmer Smith Oil Company
- 2023 Form 5500 filing
- Form 5500 filings in OK
- 401(k) and benefit plan filings in Clinton, OK
- Empower Annuity Ins Co Of America — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Argent Retirement Plan Advisors LLC — Schedule C compensation
- Employee Benefits Group, LLC — Schedule C compensation