2023 Form 5500 filing — Schmidt Wallace Healthcare Management Company, Inc. 401(K) Retirement Savings
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 20241014101748NAL0013116691001) for Schmidt Wallace Healthcare Management Company, Inc. 401(K) Retirement Savings, reported by Schmidt Wallace Healthcare Management Company under EIN 63-1278870 and plan number 001. It reports 960 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014101748NAL0013116691001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schmidt Wallace Healthcare Management Company
- EIN
- 63-1278870
- Plan number
- 001
- Location
- Montgomery, AL
- Participants
- 960
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,623,697
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,623,697
- Employer contributions
- $716,167
- Participant contributions
- $1,110,309
- Total income / additions
- $4,115,708
- Benefits paid
- $1,837,401
- Administrative expenses
- $117,352
- Total expenses
- $1,954,753
- Net increase / (decrease)
- $2,160,955
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $117,351 | $0 |
| Concourse Financial Group Securitie | OTHER SERVICES | $0 | $1,568 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |