2023 Form 5500 filing — Point Mortgage 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 20260210162830NAL0002105491001) for Point Mortgage Corporation 401(K) Plan, reported by Point Mortgage Corporation under EIN 65-1059543 and plan number 002. It reports 218 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20260210162830NAL0002105491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Point Mortgage Corporation
- EIN
- 65-1059543
- Plan number
- 002
- Location
- Chula Vista, CA
- Participants
- 218
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,597,039
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,597,039
- Participant contributions
- $350,200
- Total income / additions
- $1,335,028
- Benefits paid
- $1,218,259
- Administrative expenses
- $83,137
- Total expenses
- $1,436,246
- Net increase / (decrease)
- -$101,218
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $60,637 | $0 |
| Cwdl, Cpas | ACCOUNTANT | $22,500 | not reported in the loaded dataset |
| Wells Fargo Clearing Services LLC | INVESTMENT ADVISORY | $0 | $21,269 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |