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, Mai Wealth Management Employee 401(K) Savings Plan is a benefit plan reported by Mai Wealth Management, Inc. under EIN 27-1099169 and plan number 001. The latest loaded filing year is 2023. The filing reports 421 participants and $46,770,526 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $46,770,526
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,770,526
- Net assets (BOY)
- $35,637,942
Income & contributions
- Employer contributions
- $1,747,526
- Participant contributions
- $4,338,825
- Total contributions
- $6,719,764
- Total income / additions
- $14,045,841
Expenses & distributions
- Benefits paid
- $2,894,922
- Administrative expenses
- $18,335
- Total expenses
- $2,913,257
- Net increase / (decrease)
- $11,132,584