2023 Form 5500 filing — What If Media Group, LLC Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240815140848NAL0013284577001) for What If Media Group, LLC Profit Sharing Plan, reported by What If Media Group, LLC under EIN 83-2992724 and plan number 001. It reports 198 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240815140848NAL0013284577001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- What If Media Group, LLC
- EIN
- 83-2992724
- Plan number
- 001
- Location
- Fort Lee, NJ
- Participants
- 198
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,913,177
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,913,177
- Employer contributions
- $816,823
- Participant contributions
- $1,610,300
- Total income / additions
- $4,641,113
- Benefits paid
- $388,373
- Administrative expenses
- $62,641
- Total expenses
- $451,014
- Net increase / (decrease)
- $4,190,099
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $60,453 | $0 |
| Federated Securities Inc. | OTHER SERVICES | $0 | $5,180 |
| Orenda Retirement LLC | CONTRACT ADMIONISTRATOR | $2,175 | $1,036 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |