Tax Deferred Annuity Plan For Employees Of Welllife Network Inc. — Form 5500 plan (Welllife Network Inc.)
Plain-English plan 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, Tax Deferred Annuity Plan For Employees Of Welllife Network Inc. is a benefit plan reported by Welllife Network Inc. under EIN 11-2542430 and plan number 004. The latest loaded filing year is 2023. The filing reports 340 participants and $8,682,128 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Welllife Network Inc.
- EIN
- 11-2542430
- Plan number
- 004
- Plan type
- 2
- Location
- New Hyde Park, NY
- Latest filing year
- 2023
- Participants
- 340
- End-of-year plan assets
- $8,682,128
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 340 | H, C | 20251216200059NAL0003185809001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,682,128
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,682,128
- Net assets (BOY)
- $8,330,040
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $202,515
- Total contributions
- $207,912
- Total income / additions
- $1,207,310
Expenses & distributions
- Benefits paid
- $854,317
- Administrative expenses
- $905
- Total expenses
- $855,222
- Net increase / (decrease)
- $352,088
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mutual Of America Investment Corp | RECORD KEEPER | $758 | $0 | 2023 |