Waterfall Asset Management LLC 401(K) Plan — Form 5500 plan (Waterfall Asset Management LLC)
Plain-English plan 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, Waterfall Asset Management LLC 401(K) Plan is a benefit plan reported by Waterfall Asset Management LLC under EIN 20-2421778 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $28,364,858 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Waterfall Asset Management LLC
- EIN
- 20-2421778
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 216
- End-of-year plan assets
- $28,364,858
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 216 | H, C | 20241012083819NAL0023315441001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,364,858
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,364,858
- Net assets (BOY)
- $23,679,779
Income & contributions
- Employer contributions
- $1,586,362
- Participant contributions
- $2,614,287
- Total contributions
- $4,457,769
- Total income / additions
- $8,197,957
Expenses & distributions
- Benefits paid
- $3,399,912
- Administrative expenses
- $112,966
- Total expenses
- $3,512,878
- Net increase / (decrease)
- $4,685,079
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $112,992 | $0 | 2023 |
| Merrill Lynch | CONSULTANT | $0 | $74,631 | 2023 |
| Prime Pensions, Inc. | OTHER SERVICES | $0 | $8,697 | 2023 |