2023 Form 5500 filing — Waterfall Asset Management LLC 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 20241012083819NAL0023315441001) for Waterfall Asset Management LLC 401(K) Plan, reported by Waterfall Asset Management LLC under EIN 20-2421778 and plan number 001. It reports 216 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012083819NAL0023315441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Waterfall Asset Management LLC
- EIN
- 20-2421778
- Plan number
- 001
- Location
- New York, NY
- Participants
- 216
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,364,858
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,364,858
- Employer contributions
- $1,586,362
- Participant contributions
- $2,614,287
- Total income / additions
- $8,197,957
- Benefits paid
- $3,399,912
- Administrative expenses
- $112,966
- Total expenses
- $3,512,878
- Net increase / (decrease)
- $4,685,079
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $112,992 | $0 |
| Merrill Lynch | CONSULTANT | $0 | $74,631 |
| Prime Pensions, Inc. | OTHER SERVICES | $0 | $8,697 |