What If Media Group, LLC Profit Sharing Plan — Form 5500 plan (What If Media Group, 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, What If Media Group, LLC Profit Sharing Plan is a benefit plan reported by What If Media Group, LLC under EIN 83-2992724 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $11,913,177 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
What If Media Group, LLC
EIN
83-2992724
Plan number
001
Plan type
2
Location
Fort Lee, NJ
Latest filing year
2023
Participants
198
End-of-year plan assets
$11,913,177

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023198H, C20240815140848NAL0013284577001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,913,177
Total liabilities (EOY)
$0
Net assets (EOY)
$11,913,177
Net assets (BOY)
$7,723,078

Income & contributions

Employer contributions
$816,823
Participant contributions
$1,610,300
Total contributions
$2,834,966
Total income / additions
$4,641,113

Expenses & distributions

Benefits paid
$388,373
Administrative expenses
$62,641
Total expenses
$451,014
Net increase / (decrease)
$4,190,099

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$60,453$02023
Federated Securities Inc.OTHER SERVICES$0$5,1802023
Orenda Retirement LLCCONTRACT ADMIONISTRATOR$2,175$1,0362023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages