Members 401(K) Advantage — Form 5500 plan (Members Benefit Corp.)
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, Members 401(K) Advantage is a benefit plan reported by Members Benefit Corp. under EIN 46-1357384 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,164 participants and $132,329,077 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Members Benefit Corp.
- EIN
- 46-1357384
- Plan number
- 001
- Plan type
- 3
- Location
- Palm Beach Gardens, FL
- Latest filing year
- 2023
- Participants
- 3,164
- End-of-year plan assets
- $132,329,077
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,164 | H, C | 20250501221721NAL0008092434001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $132,329,077
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $132,329,077
- Net assets (BOY)
- $124,624,956
Income & contributions
- Employer contributions
- $4,197,347
- Participant contributions
- $10,315,236
- Total contributions
- $15,125,574
- Total income / additions
- $34,359,020
Expenses & distributions
- Benefits paid
- $12,710,999
- Administrative expenses
- $593,018
- Total expenses
- $13,415,699
- Net increase / (decrease)
- $20,943,321
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $304,292 | $0 | 2023 |
| Pentegra Services Inc | CONTRACT ADMIN | $159,024 | not reported in the loaded dataset | 2023 |
| Gwn Securities, Inc | BROKER/ ADVISOR | $0 | $142,866 | 2023 |
| Members Benefit Corp | TRUSTEE | $76,686 | not reported in the loaded dataset | 2023 |
| Empower Advisorty Group LLC | INVESMENT MGMT | $66,361 | not reported in the loaded dataset | 2023 |
| Propeller, Inc. | OTHER | $54,184 | not reported in the loaded dataset | 2023 |
| Creative Planning LLC | INVESTMENT ADVISORY | $53,671 | not reported in the loaded dataset | 2023 |
| Templeton & Company Llp | AUDITOR | $9,861 | not reported in the loaded dataset | 2023 |
| Creative Planning Holdco LLC | INVESTMENT ADVISOR | $215 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Members Benefit Corp.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Palm Beach Gardens, FL
- Empower Annuity Insurance Company — Schedule C compensation
- Pentegra Services Inc — Schedule C compensation
- Gwn Securities, Inc — Schedule C compensation
- Members Benefit Corp — Schedule C compensation
- Empower Advisorty Group LLC — Schedule C compensation
- Propeller, Inc. — Schedule C compensation
- Creative Planning LLC — Schedule C compensation
- Templeton & Company Llp — Schedule C compensation
- Creative Planning Holdco LLC — Schedule C compensation