2023 Form 5500 filing — The Walton Electric Membership Corporation 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 20241014135906NAL0052571810001) for The Walton Electric Membership Corporation 401 K Plan, reported by The Walton Electric Membership Corporation under EIN 58-0477163 and plan number 001. It reports 284 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014135906NAL0052571810001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Walton Electric Membership Corporation
- EIN
- 58-0477163
- Plan number
- 001
- Location
- Monroe, GA
- Participants
- 284
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $60,825,713
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,825,713
- Employer contributions
- $1,920,948
- Participant contributions
- $1,988,876
- Total income / additions
- $11,452,261
- Benefits paid
- $5,645,808
- Administrative expenses
- $4,156
- Total expenses
- $5,663,689
- Net increase / (decrease)
- $5,788,572
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James Financial Services | INVESTMENT ADVISOR | $119,064 | not reported in the loaded dataset |
| Futureplan Consulting - Fort Wayne | TPA | $27,143 | not reported in the loaded dataset |
| Ascensus, LLC | TPA | $0 | $27,065 |
| Empower Annuity Insurance Company | RECORDKEEPER | $6,937 | $0 |