2023 Form 5500 filing — Elite 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 20241015142612NAL0016621459001) for Elite 401(K) Plan, reported by Ballew Wealth Management, Inc. under EIN 36-4300994 and plan number 003. It reports 288 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015142612NAL0016621459001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Ballew Wealth Management, Inc.
- EIN
- 36-4300994
- Plan number
- 003
- Location
- Jackson, MS
- Participants
- 288
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,575,984
- Total liabilities (EOY)
- $10,111
- Net assets (EOY)
- $7,565,873
- Employer contributions
- $274,804
- Participant contributions
- $559,149
- Total income / additions
- $1,880,622
- Benefits paid
- $476,350
- Administrative expenses
- $47,849
- Total expenses
- $524,315
- Net increase / (decrease)
- $1,356,307
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ballew Advisors | ADVISORS | $32,881 | not reported in the loaded dataset |
| Mwg Retirement Plan Services | RECORDKEEPER | $11,029 | $0 |