2023 Form 5500 filing — Enovate Medical 401(K) 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 20240927094721NAL0001112883001) for Enovate Medical 401(K) Plan, reported by Enovate Medical under EIN 62-1582253 and plan number 001. It reports 248 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927094721NAL0001112883001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Enovate Medical
- EIN
- 62-1582253
- Plan number
- 001
- Location
- Murfreesboro, TN
- Participants
- 248
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,523,860
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,523,860
- Employer contributions
- $136,354
- Participant contributions
- $655,021
- Total income / additions
- $1,668,052
- Benefits paid
- $686,745
- Administrative expenses
- $53,379
- Total expenses
- $756,895
- Net increase / (decrease)
- $911,157
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Great-West Life & Annuity Insurance | RECORDKEEPER | $29,034 | $0 |
| Janney Montgomery Scott LLC | INVESTMENT ADVISOR | $10,546 | not reported in the loaded dataset |
| Access Retirement Services LLC | CONTRACT ADMIN | $6,300 | $2,952 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,123 | not reported in the loaded dataset |