2023 Form 5500 filing — Watermark Retirement Communities, 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 20241015103652NAL0047393984001) for Watermark Retirement Communities, LLC 401(K) Plan, reported by Watermark Retirement Communities, LLC under EIN 86-0587483 and plan number 001. It reports 5,111 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)$51.7MReported net assets$51,739,473

Participants5.1K5,111

Provider compensation$394.9K4 Schedule C row(s)$394,871

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015103652NAL0047393984001
Plan sponsor: Watermark Retirement Communities, LLC
EIN: 86-0587483
Plan number: 001
Location: Tucson, AZ
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)$51.7M total assets

Net assets$51.7MLiabilities$0

Money in vs. money out

Total income / additions$18.7M

Total expenses$10.6M

Benefits paid / distributions$10.2M

Contributions

Employer$2.4M

Participant$8.2M

Full reported line items

Total assets (EOY): $51,739,473
Total liabilities (EOY): $0
Net assets (EOY): $51,739,473
Employer contributions: $2,430,952
Participant contributions: $8,201,748
Total income / additions: $18,741,859
Benefits paid: $10,158,431
Administrative expenses: $393,775
Total expenses: $10,625,125
Net increase / (decrease): $8,116,734

Schedule C

Reported service provider compensation

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

1
Principal Life Insurance Company$259.1K
CONTRACT ADMINISTRATOR · Direct $259.1K · Indirect $0
2
Merrill Lynch Pierce Fenner & Smith$78.6K
CONSULTANT · Direct $77.5K · Indirect $1.1K
3
Rsm Us Llp$30K
ACCOUNTANT · Direct $30K
4
Rsm Us Llp$27.2K
INVESTMENT ADVISORY · Direct $27.2K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015103652NAL0047393984001 cover?: It is the 2023 Form 5500 filing for Watermark Retirement Communities, LLC 401(K) Plan, reported by Watermark Retirement Communities, LLC (EIN 86-0587483).
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).