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Original filing (PDF)20260305153410NAL0002648755001
FINANCIAL STATEMENT SERVICES, INC.
Form 5500
FILING_RECEIVED
FINANCIAL STATEMENT SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Defined-contribution retirement plan
Signals · 5
Late filing · 3.6 mo99% in single holding99% employer stockNo recordkeeper disclosed6 service providers
Active participants
227
Accounts w/ balance
235
Plan assets (EOY)
$21.9M
Net assets (EOY)
$17.3M
How this plan invests
This plan
2 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
75
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
86
Concentration risk
50
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Filed 3.6 months past the 10.5-month grace window.
- Top holding "Company Common Stock * Financial Statements Services, Inc. Common stock, 490,000 shares" is 99% of plan.
- 99% of plan in employer / sponsor stock.
- 51 bps in Schedule C fees — 74% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FINANCIAL STATEMENT SERVICES, INC..
Plan sponsor
Name
FINANCIAL STATEMENT SERVICES, INC.
DBA
FSSI
EIN
33-0032400
Address
3300 S. FAIRVIEW STREET · SANTA ANA, CA · 92704
Phone
(714) 436-3326
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2026-03-05
Pension benefit codes
2I · Stock bonus
2P · Leveraged ESOP
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
WRIGHT FORD YOUNG & CO.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ACUITY ADVISORS | — | SANTA ANA, CA | ADVISOR | $18K | — |
| AMBROSE ESOP ADVISORS | — | IRVINE, CA | ADVISOR | $14K | — |
Trustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SUMMIT FIDUCIARY GROUP, LLC | — | MINNETONKA, MN | TRUSTEE | $22K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WRIGHT FORD YOUNG & CO | 95-3288054 | IRVINE, CA | AUDITOR | $14K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GILLIGAN BENEFITS LAW | — | GRASS VALLEY, CA | LEGAL | $1K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BLUE RIDGE ASSOCIATES | — | CHARLOTTESVILLE, VA | ADMINISTRATOR | $41K | — |
Investments
2 direct securities· $17.9M(82% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Company Common Stock * Financial Statements Services, Inc. Common stock, 490,000 shares | — | — | $18.8M | $17.7M | 81.1% | |
| Money Market Fund Vanguard Federal Money Market Fund | — | — | $195K | $195K | 0.9% |
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