2023 Form 5500 filing — Member Solutions 401(K)
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 20241011123208NAL0038720496001) for Member Solutions 401(K), reported by Members Benefits Corp under EIN 46-1357384 and plan number 002. It reports 1,701 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011123208NAL0038720496001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Members Benefits Corp
- EIN
- 46-1357384
- Plan number
- 002
- Location
- Palm Beach Gardens, FL
- Participants
- 1,701
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,870,380
- Total liabilities (EOY)
- $17,421
- Net assets (EOY)
- $20,852,959
- Employer contributions
- $947,339
- Participant contributions
- $2,436,965
- Total income / additions
- $6,494,979
- Benefits paid
- $3,458,887
- Administrative expenses
- $180,920
- Total expenses
- $3,712,188
- Net increase / (decrease)
- $2,782,791
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $74,499 | $0 |
| Pentegra Services, Inc. Tpa Divisio | RECORDKEEPER | $61,556 | $723 |
| Gwn Securities, Inc. | OTHER SERVICES | $32,196 | not reported in the loaded dataset |
| Creative Planning LLC | INVESTMENT ADVISORY - PL | $9,469 | not reported in the loaded dataset |
| Members Benefit Corp | PLAN ADMINISTRATOR | $5,682 | not reported in the loaded dataset |