Wpromote 401(K)Plan — Form 5500 plan (Wpromote, 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, Wpromote 401(K)Plan is a benefit plan reported by Wpromote, LLC under EIN 82-4550413 and plan number 001. The latest loaded filing year is 2023. The filing reports 905 participants and $35,669,268 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$35.7MPlan net assets, end of year$35,669,268
Participants905Covered participants reported
Assets / participant$39.4KComputed: assets ÷ participants$39,414 (computed)
Provider compensation$197.6K2 Schedule C provider row(s)$197,616
Plan sponsor
Wpromote, LLC
EIN
82-4550413
Plan number
001
Plan type
2
Location
El Segundo, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023905H, C20241014140359NAL0013417299001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$35.7M total assets
Net assets$35.7MLiabilities$0
Money in vs. money out
Total income / additions$13.5M
Total expenses$2.8M
Benefits paid / distributions$2.6M
Contributions
Employer$1.7M
Participant$5.6M
Full reported line items

Net assets

Total assets (EOY)
$35,669,268
Total liabilities (EOY)
$0
Net assets (EOY)
$35,669,268
Net assets (BOY)
$24,978,256

Income & contributions

Employer contributions
$1,664,916
Participant contributions
$5,584,622
Total contributions
$7,789,937
Total income / additions
$13,453,472

Expenses & distributions

Benefits paid
$2,564,844
Administrative expenses
$197,616
Total expenses
$2,762,460
Net increase / (decrease)
$10,691,012
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$114,404not reported in the loaded dataset2023
Regatta Capital Group LLCFINANCIAL ADVISOR$83,212not reported in the loaded dataset2023

Related Form 5500 pages