2023 Form 5500 filing — The Wellness Plan Medical Centers 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 20241014104335NAL0014785683001) for The Wellness Plan Medical Centers 401(K) Plan, reported by The Wellness Plan Medical Centers under EIN 38-2008890 and plan number 002. It reports 219 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$6.5MReported net assets$6,546,321
Participants219
Provider compensationNone reported2 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014104335NAL0014785683001
Plan sponsor
The Wellness Plan Medical Centers
EIN
38-2008890
Plan number
002
Location
Detroit, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$6.7M total assets
Net assets$6.5MLiabilities$145.8K
Money in vs. money out
Total income / additions$1.6M
Total expenses$561.9K
Benefits paid / distributions$565.8K
Contributions
Employer$2K
Participant$532.1K
Full reported line items
Total assets (EOY)
$6,692,127
Total liabilities (EOY)
$145,806
Net assets (EOY)
$6,546,321
Employer contributions
$1,994
Participant contributions
$532,083
Total income / additions
$1,582,892
Benefits paid
$565,808
Administrative expenses
-$7,437
Total expenses
$561,858
Net increase / (decrease)
$1,021,034
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $13.9K
  2. 2
    RECORDKEEPER · Direct -$17.8K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014104335NAL0014785683001 cover?
It is the 2023 Form 5500 filing for The Wellness Plan Medical Centers 401(K) Plan, reported by The Wellness Plan Medical Centers (EIN 38-2008890).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages