2023 Form 5500 filing — United Methodist Family Services Of Virginia, Inc. 401(K) Profit Sharing
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 20241001102054NAL0012100432001) for United Methodist Family Services Of Virginia, Inc. 401(K) Profit Sharing, reported by United Methodist Family Services Of Virginia under EIN 54-0505969 and plan number 002. It reports 658 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001102054NAL0012100432001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- United Methodist Family Services Of Virginia
- EIN
- 54-0505969
- Plan number
- 002
- Location
- Richmond, VA
- Participants
- 658
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,145,892
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,145,892
- Employer contributions
- $642,131
- Participant contributions
- $853,723
- Total income / additions
- $4,296,840
- Benefits paid
- $2,848,303
- Administrative expenses
- $129,365
- Total expenses
- $2,979,792
- Net increase / (decrease)
- $1,317,048
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $129,364 | $0 |
| Benefit Fiduciary Group LLC | INVESTMENT ADVISORY | $0 | $42,481 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |