2023 Form 5500 filing — Rhodes Financial 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 20241015062850NAL0014160531001) for Rhodes Financial Services, LLC 401(K) Plan, reported by Rhodes Financial Services, LLC under EIN 58-2493504 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015062850NAL0014160531001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Rhodes Financial Services, LLC
- EIN
- 58-2493504
- Plan number
- 001
- Location
- Augusta, GA
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,945,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,945,916
- Employer contributions
- $574,769
- Participant contributions
- $1,261,863
- Total income / additions
- $5,694,689
- Benefits paid
- $1,120,950
- Administrative expenses
- $54,467
- Total expenses
- $1,175,417
- Net increase / (decrease)
- $4,519,272
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rsm Us Wealth Management LLC | INVESTMENT/FINANCIAL ADVI | $30,786 | $0 |
| Cherry Bekaert Wealth Management, L | INVESTMENT/FINANCIAL ADVI | $20,033 | $0 |
| Adp, Inc. | RECORD KEEPER | $3,646 | $0 |