2023 Form 5500 filing — Wakefield And Associates, LLC Tax Favored 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 20240909093947NAL0002305491001) for Wakefield And Associates, LLC Tax Favored Savings Plan, reported by Wakefield And Associates, Inc. under EIN 84-1023982 and plan number 001. It reports 672 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909093947NAL0002305491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wakefield And Associates, Inc.
- EIN
- 84-1023982
- Plan number
- 001
- Location
- Knoxville, TN
- Participants
- 672
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,533,066
- Total liabilities (EOY)
- $53,488
- Net assets (EOY)
- $13,479,578
- Employer contributions
- $327,475
- Participant contributions
- $1,334,506
- Total income / additions
- $4,519,312
- Benefits paid
- $1,574,539
- Administrative expenses
- $75,186
- Total expenses
- $1,649,725
- Net increase / (decrease)
- $2,869,587
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Admin. Group, LLC Dba Tag Resources | RECORD KEEPER | $42,642 | $0 |
| Transamerica Financial Life Ins | RECORD KEEPER | $32,544 | $0 |