Point Mortgage Corporation 401(K) Plan — Form 5500 plan (Point Mortgage Corporation)
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, Point Mortgage Corporation 401(K) Plan is a benefit plan reported by Point Mortgage Corporation under EIN 65-1059543 and plan number 002. The latest loaded filing year is 2023. The filing reports 218 participants and $5,597,039 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Point Mortgage Corporation
- EIN
- 65-1059543
- Plan number
- 002
- Plan type
- 2
- Location
- Chula Vista, CA
- Latest filing year
- 2023
- Participants
- 218
- End-of-year plan assets
- $5,597,039
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 218 | H, C | 20260210162830NAL0002105491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,597,039
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,597,039
- Net assets (BOY)
- $5,698,257
Income & contributions
- Participant contributions
- $350,200
- Total contributions
- $438,831
- Total income / additions
- $1,335,028
Expenses & distributions
- Benefits paid
- $1,218,259
- Administrative expenses
- $83,137
- Total expenses
- $1,436,246
- Net increase / (decrease)
- -$101,218
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $60,637 | $0 | 2023 |
| Cwdl, Cpas | ACCOUNTANT | $22,500 | not reported in the loaded dataset | 2023 |
| Wells Fargo Clearing Services LLC | INVESTMENT ADVISORY | $0 | $21,269 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Point Mortgage Corporation
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Chula Vista, CA
- Principal Life Insurance Company — Schedule C compensation
- Cwdl, Cpas — Schedule C compensation
- Wells Fargo Clearing Services LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation