2023 Form 5500 filing — Wade Incorporated 401(K) Salary Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240726135032NAL0015548113001) for Wade Incorporated 401(K) Salary Savings Plan, reported by Wade, Incorporated under EIN 64-0395139 and plan number 001. It reports 300 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726135032NAL0015548113001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wade, Incorporated
- EIN
- 64-0395139
- Plan number
- 001
- Location
- Greenwood, MS
- Participants
- 300
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,973,918
- Total liabilities (EOY)
- $4,526
- Net assets (EOY)
- $25,969,392
- Employer contributions
- $1,166,097
- Participant contributions
- $847,356
- Total income / additions
- $5,387,824
- Benefits paid
- $1,621,526
- Administrative expenses
- $53,516
- Total expenses
- $1,677,747
- Net increase / (decrease)
- $3,710,077
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Magnolia Capital Advisors | INVESTMENT ADVISOR | $58,299 | not reported in the loaded dataset |
| Azalea Administration LLC | CONTRACT ADMIN | $0 | $9,999 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $4,462 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |