2023 Form 5500 filing — 401(K) Profit Sharing Plan For Employees Of Welllife Network Inc.
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 20260513142044NAL0006870707001) for 401(K) Profit Sharing Plan For Employees Of Welllife Network Inc., reported by Welllife Network Inc. under EIN 11-2542430 and plan number 002. It reports 2,988 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)$37MReported net assets$36,990,682
Participants3K2,988
Provider compensation$53K2 Schedule C row(s)$52,953
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20260513142044NAL0006870707001
- Plan sponsor
- Welllife Network Inc.
- EIN
- 11-2542430
- Plan number
- 002
- Location
- New Hyde Park, NY
- 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)$37M total assets
Net assets$37MLiabilities$0
Full reported line items
- Total assets (EOY)
- $36,990,682
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,990,682
- Employer contributions
- $538,256
- Participant contributions
- $1,941,930
- Total income / additions
- $6,963,827
- Benefits paid
- $2,680,877
- Administrative expenses
- $25,634
- Total expenses
- $2,706,511
- Net increase / (decrease)
- $4,257,316
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mutual Of America Investment Corp | INSURANCE CARRIER | $27,319 | $0 |
| Mutual Of America Investment Corp | INSURANCE CARRIER | $25,634 | $0 |