2023 Form 5500 filing — Fairway Independent Mortgage Corporation Employee Stock Ownership

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 20241009170557NAL0009420403001) for Fairway Independent Mortgage Corporation Employee Stock Ownership, reported by Fairway Independent Mortgage Corporation under EIN 76-0503625 and plan number 002. It reports 11,632 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$106.1MReported net assets$106,137,563
Participants11.6K11,632
Provider compensation$743K4 Schedule C row(s)$743,004
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009170557NAL0009420403001
Plan sponsor
Fairway Independent Mortgage Corporation
EIN
76-0503625
Plan number
002
Location
Madison, WI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$106.6M total assets
Net assets$106.1MLiabilities$413.8K
Money in vs. money out
Total income / additions$1.9M
Total expenses$18M
Benefits paid / distributions$17.6M
Contributions
Employer$9.3M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$106,551,368
Total liabilities (EOY)
$413,805
Net assets (EOY)
$106,137,563
Employer contributions
$9,287,973
Total income / additions
$1,916,238
Benefits paid
$17,558,060
Administrative expenses
$413,889
Total expenses
$17,971,949
Net increase / (decrease)
-$16,055,711

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
PrincipalCONTRACT ADMINISTRATOR$692,814not reported in the loaded dataset
Prairie Capital Advisors IncVALUATION SERVICES$33,100not reported in the loaded dataset
Richey May And CompanyACCOUNTANT$8,700not reported in the loaded dataset
Levenfeld Pearlstein LLCLEGAL$8,390not reported in the loaded dataset

Related Form 5500 pages