2023 Form 5500 filing — Spend Life Wisely Company, Inc. Employee Stock Ownership Plan With 401(K) Features
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 20241015120536NAL0047767248001) for Spend Life Wisely Company, Inc. Employee Stock Ownership Plan With 401(K) Features, reported by Spend Life Wisely Company, Inc. under EIN 73-0936842 and plan number 002. It reports 2,646 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015120536NAL0047767248001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spend Life Wisely Company, Inc.
- EIN
- 73-0936842
- Plan number
- 002
- Location
- Durant, OK
- Participants
- 2,646
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $326,075,088
- Total liabilities (EOY)
- $774,492
- Net assets (EOY)
- $325,300,596
- Employer contributions
- $9,225,231
- Participant contributions
- $15,291,919
- Total income / additions
- $35,994,526
- Benefits paid
- $27,432,086
- Administrative expenses
- $391,867
- Total expenses
- $27,827,312
- Net increase / (decrease)
- $8,167,214
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bokf, Na | TRUSTEE | $377,922 | $215,888 |
| Southard Financial LLC | APPRAISER | $6,200 | not reported in the loaded dataset |