Plan5500

401(K) And Profit Sharing Plan — Form 5500 plan (Empirical Technology, 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) And Profit Sharing Plan is a benefit plan reported by Empirical Technology, Inc. under EIN 94-2740498 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,294 participants and $75,960,483 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Empirical Technology, Inc.
EIN
94-2740498
Plan number
001
Plan type
3
Location
Dakota Dunes, SD
Latest filing year
2023
Participants
1,294
End-of-year plan assets
$75,960,483

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,294H, C20241001110656NAL0006979153001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$75,960,483
Total liabilities (EOY)
$0
Net assets (EOY)
$75,960,483
Net assets (BOY)
$63,082,560

Income & contributions

Employer contributions
$2,939,554
Participant contributions
$5,409,871
Total contributions
$8,540,323
Total income / additions
$18,803,243

Expenses & distributions

Benefits paid
$5,759,194
Administrative expenses
$166,126
Total expenses
$5,925,320
Net increase / (decrease)
$12,877,923

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$101,272$02023
Hays Financial GroupINVESTMENT ADVISORY$49,975not reported in the loaded dataset2023
Forvis, LlpACCOUNTANT$14,879not reported in the loaded dataset2023

Related Form 5500 pages