2023 Form 5500 filing — Edfinancial Services, LLC 401(K) 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 20240926070556NAL0000385953001) for Edfinancial Services, LLC 401(K) Plan, reported by Edfinancial Services, LLC under EIN 20-5316278 and plan number 002. It reports 1,030 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926070556NAL0000385953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Edfinancial Services, LLC
- EIN
- 20-5316278
- Plan number
- 002
- Location
- Knoxville, TN
- Participants
- 1,030
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,818,439
- Total liabilities (EOY)
- $2,343
- Net assets (EOY)
- $23,816,096
- Employer contributions
- $1,102,079
- Participant contributions
- $1,017,957
- Total income / additions
- $6,001,787
- Benefits paid
- $1,383,609
- Administrative expenses
- $109,968
- Total expenses
- $1,493,577
- Net increase / (decrease)
- $4,508,210
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments | RECORDKEEPER | $65,327 | not reported in the loaded dataset |
| Lpl Financial LLC Holdings | ADVISOR | $35,340 | not reported in the loaded dataset |
| Tennessee Pension Administrators | CONSULTANT | $7,123 | not reported in the loaded dataset |