2023 Form 5500 filing — Healthwell Foundation 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 20241014134004NAL0027425889001) for Healthwell Foundation 401(K) Plan, reported by Healthwell Foundation, Inc. under EIN 20-0413676 and plan number 002. It reports 175 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)$6.6MReported net assets$6,582,185
Participants175
Provider compensation$40.5K2 Schedule C row(s)$40,541
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014134004NAL0027425889001
- Plan sponsor
- Healthwell Foundation, Inc.
- EIN
- 20-0413676
- Plan number
- 002
- Location
- Germantown, MD
- 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)$6.6M total assets
Net assets$6.6MLiabilities—
Full reported line items
- Total assets (EOY)
- $6,582,185
- Net assets (EOY)
- $6,582,185
- Employer contributions
- $530,578
- Participant contributions
- $696,429
- Total income / additions
- $2,156,797
- Benefits paid
- $484,865
- Administrative expenses
- $40,541
- Total expenses
- $525,406
- Net increase / (decrease)
- $1,631,391
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $40,541 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |