Power Wellness Management, LLC 401(K) Plan — Form 5500 plan (Power Wellness 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, Power Wellness Management, LLC 401(K) Plan is a benefit plan reported by Power Wellness Management, LLC under EIN 36-4313590 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,186 participants and $21,711,347 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Power Wellness Management, LLC
EIN
36-4313590
Plan number
001
Plan type
2
Location
Lombard, IL
Latest filing year
2023
Participants
1,186
End-of-year plan assets
$21,711,347

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,186H, C20241015191259NAL0051033712002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,711,347
Net assets (EOY)
$21,711,347
Net assets (BOY)
$18,034,712

Income & contributions

Employer contributions
$379,003
Participant contributions
$1,367,512
Total contributions
$1,758,337
Total income / additions
$5,219,580

Expenses & distributions

Benefits paid
$1,483,445
Administrative expenses
$52,186
Total expenses
$1,542,945
Net increase / (decrease)
$3,676,635

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services,IncNONE$50,774not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$0$02023

Related Form 5500 pages