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, Facet Wealth, Inc. 401(K) Plan is a benefit plan reported by Facet Wealth, Inc. under EIN 81-3453207 and plan number 001. The latest loaded filing year is 2023. The filing reports 362 participants and $19,230,615 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,230,615
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,230,615
- Net assets (BOY)
- $13,507,922
Income & contributions
- Employer contributions
- $1,027,567
- Participant contributions
- $2,822,400
- Total contributions
- $4,895,165
- Total income / additions
- $7,889,300
Expenses & distributions
- Benefits paid
- $2,145,892
- Administrative expenses
- $16,802
- Total expenses
- $2,166,607
- Net increase / (decrease)
- $5,722,693