Other
2023 plan-year Other DOL Form 5500

WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

WISE CONSULTING ASSOCIATES, INC.

This Other plan holds $4M in total assets and serves 112 participants as of 2023. It is sponsored by WISE CONSULTING ASSOCIATES, INC. in Maryland. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$4M
Participants
112
State
Industry
Professional & Technical Services

What the Filing Says About WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN

WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN is a Other retirement plan sponsored by WISE CONSULTING ASSOCIATES, INC., headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 112 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 521974149, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2023 to $4M at year-end — a decline of 63.8%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-7,086,203 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-7,086,203
Plan TypeOther
Employer EIN521974149
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WISE CONSULTING ASSOCIATES, INC.)

Year Plans Participants Total Assets
2022 1 102 $12M
2023 1 112 $4M
2024 1 1 $5M

Nearby Other Plans in Maryland

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN?
As of the 2023 Form 5500 filing, WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN holds $4M in total assets with 112 participants. It is sponsored by WISE CONSULTING ASSOCIATES, INC..
What type of plan is WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN?
WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN is a Other plan. It has been effective since 2016-01-01. The plan is filed with the U.S. Department of Labor under EIN 521974149.
Who sponsors the WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN?
WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN is sponsored by WISE CONSULTING ASSOCIATES, INC., located in Maryland. The sponsor's EIN is 521974149 and the plan operates in the Professional & Technical Services industry.
How did WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN perform in 2023?
WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN declined by 63.8% during 2023, moving from $12M to $4M in total assets. Net income was $-7,086,203.
Where can I find official filings for WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN?
Official Form 5500 filings for WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521974149 or plan name at efast.dol.gov.
How does WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN compare to other plans?
You can compare WISE CONSULTING ASSOCIATES, INC. PROFIT SHARING PLAN against other Other plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 521974149.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.