2023 Form 5500 filing — Power Wellness Management, 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 20241015191259NAL0051033712002) for Power Wellness Management, LLC 401(K) Plan, reported by Power Wellness Management, LLC under EIN 36-4313590 and plan number 001. It reports 1,186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015191259NAL0051033712002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Power Wellness Management, LLC
- EIN
- 36-4313590
- Plan number
- 001
- Location
- Lombard, IL
- Participants
- 1,186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,711,347
- Net assets (EOY)
- $21,711,347
- Employer contributions
- $379,003
- Participant contributions
- $1,367,512
- Total income / additions
- $5,219,580
- Benefits paid
- $1,483,445
- Administrative expenses
- $52,186
- Total expenses
- $1,542,945
- Net increase / (decrease)
- $3,676,635
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $50,774 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |