Schmidt Wallace Healthcare Management Company, Inc. 401(K) Retirement Savings — Form 5500 plan (Schmidt Wallace Healthcare Management Company)
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, Schmidt Wallace Healthcare Management Company, Inc. 401(K) Retirement Savings is a benefit plan reported by Schmidt Wallace Healthcare Management Company under EIN 63-1278870 and plan number 001. The latest loaded filing year is 2023. The filing reports 960 participants and $17,623,697 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schmidt Wallace Healthcare Management Company
- EIN
- 63-1278870
- Plan number
- 001
- Plan type
- 2
- Location
- Montgomery, AL
- Latest filing year
- 2023
- Participants
- 960
- End-of-year plan assets
- $17,623,697
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 960 | H, C | 20241014101748NAL0013116691001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,623,697
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,623,697
- Net assets (BOY)
- $15,462,742
Income & contributions
- Employer contributions
- $716,167
- Participant contributions
- $1,110,309
- Total contributions
- $1,826,476
- Total income / additions
- $4,115,708
Expenses & distributions
- Benefits paid
- $1,837,401
- Administrative expenses
- $117,352
- Total expenses
- $1,954,753
- Net increase / (decrease)
- $2,160,955
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $117,351 | $0 | 2023 |
| Concourse Financial Group Securitie | OTHER SERVICES | $0 | $1,568 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schmidt Wallace Healthcare Management Company
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Montgomery, AL
- Principal Life Insurance Company — Schedule C compensation
- Concourse Financial Group Securitie — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation