Xwell 401(K) Retirement Plan — Form 5500 plan (Xwell)
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, Xwell 401(K) Retirement Plan is a benefit plan reported by Xwell under EIN 20-4988129 and plan number 001. The latest loaded filing year is 2023. The filing reports 787 participants and $3,639,991 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Xwell
- EIN
- 20-4988129
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 787
- End-of-year plan assets
- $3,639,991
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 787 | H, C | 20250220131754NAL0008905056001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,639,991
- Total liabilities (EOY)
- $45,713
- Net assets (EOY)
- $3,594,278
- Net assets (BOY)
- $2,421,221
Income & contributions
- Employer contributions
- $242,329
- Participant contributions
- $675,596
- Total contributions
- $1,099,739
- Total income / additions
- $1,553,752
Expenses & distributions
- Benefits paid
- $353,781
- Administrative expenses
- $26,914
- Total expenses
- $380,695
- Net increase / (decrease)
- $1,173,057
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliant Insurance Services | CONTRACT ADMIN | $15,533 | $7,752 | 2023 |
| Empower Advisory Group, LLC | RECORDKEEPER, INVESTMENT | $7,642 | $0 | 2023 |