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, Elite 401(K) Plan is a benefit plan reported by Ballew Wealth Management, Inc. under EIN 36-4300994 and plan number 003. The latest loaded filing year is 2023. The filing reports 288 participants and $7,575,984 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,575,984
- Total liabilities (EOY)
- $10,111
- Net assets (EOY)
- $7,565,873
- Net assets (BOY)
- $6,209,566
Income & contributions
- Employer contributions
- $274,804
- Participant contributions
- $559,149
- Total contributions
- $833,953
- Total income / additions
- $1,880,622
Expenses & distributions
- Benefits paid
- $476,350
- Administrative expenses
- $47,849
- Total expenses
- $524,315
- Net increase / (decrease)
- $1,356,307