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, Power Wellness Management, LLC 401(K) Plan is a benefit plan reported by Power Wellness Management, LLC under EIN 36-4313590 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,186 participants and $21,711,347 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,711,347
- Net assets (EOY)
- $21,711,347
- Net assets (BOY)
- $18,034,712
Income & contributions
- Employer contributions
- $379,003
- Participant contributions
- $1,367,512
- Total contributions
- $1,758,337
- Total income / additions
- $5,219,580
Expenses & distributions
- Benefits paid
- $1,483,445
- Administrative expenses
- $52,186
- Total expenses
- $1,542,945
- Net increase / (decrease)
- $3,676,635