2023 Form 5500 filing — Members 401(K) Advantage
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 20250501221721NAL0008092434001) for Members 401(K) Advantage, reported by Members Benefit Corp. under EIN 46-1357384 and plan number 001. It reports 3,164 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250501221721NAL0008092434001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Members Benefit Corp.
- EIN
- 46-1357384
- Plan number
- 001
- Location
- Palm Beach Gardens, FL
- Participants
- 3,164
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $132,329,077
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $132,329,077
- Employer contributions
- $4,197,347
- Participant contributions
- $10,315,236
- Total income / additions
- $34,359,020
- Benefits paid
- $12,710,999
- Administrative expenses
- $593,018
- Total expenses
- $13,415,699
- Net increase / (decrease)
- $20,943,321
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $304,292 | $0 |
| Pentegra Services Inc | CONTRACT ADMIN | $159,024 | not reported in the loaded dataset |
| Gwn Securities, Inc | BROKER/ ADVISOR | $0 | $142,866 |
| Members Benefit Corp | TRUSTEE | $76,686 | not reported in the loaded dataset |
| Empower Advisorty Group LLC | INVESMENT MGMT | $66,361 | not reported in the loaded dataset |
| Propeller, Inc. | OTHER | $54,184 | not reported in the loaded dataset |
| Creative Planning LLC | INVESTMENT ADVISORY | $53,671 | not reported in the loaded dataset |
| Templeton & Company Llp | AUDITOR | $9,861 | not reported in the loaded dataset |
| Creative Planning Holdco LLC | INVESTMENT ADVISOR | $215 | not reported in the loaded dataset |