Member Solutions 401(K) — Form 5500 plan (Members Benefits 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, Member Solutions 401(K) is a benefit plan reported by Members Benefits Corp under EIN 46-1357384 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,701 participants and $20,870,380 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Members Benefits Corp
- EIN
- 46-1357384
- Plan number
- 002
- Plan type
- 3
- Location
- Palm Beach Gardens, FL
- Latest filing year
- 2023
- Participants
- 1,701
- End-of-year plan assets
- $20,870,380
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,701 | H, C | 20241011123208NAL0038720496001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,870,380
- Total liabilities (EOY)
- $17,421
- Net assets (EOY)
- $20,852,959
- Net assets (BOY)
- $18,070,168
Income & contributions
- Employer contributions
- $947,339
- Participant contributions
- $2,436,965
- Total contributions
- $3,517,432
- Total income / additions
- $6,494,979
Expenses & distributions
- Benefits paid
- $3,458,887
- Administrative expenses
- $180,920
- Total expenses
- $3,712,188
- Net increase / (decrease)
- $2,782,791
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $74,499 | $0 | 2023 |
| Pentegra Services, Inc. Tpa Divisio | RECORDKEEPER | $61,556 | $723 | 2023 |
| Gwn Securities, Inc. | OTHER SERVICES | $32,196 | not reported in the loaded dataset | 2023 |
| Creative Planning LLC | INVESTMENT ADVISORY - PL | $9,469 | not reported in the loaded dataset | 2023 |
| Members Benefit Corp | PLAN ADMINISTRATOR | $5,682 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Members Benefits Corp
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Palm Beach Gardens, FL
- Transamerica Retirement Solutions, — Schedule C compensation
- Pentegra Services, Inc. Tpa Divisio — Schedule C compensation
- Gwn Securities, Inc. — Schedule C compensation
- Creative Planning LLC — Schedule C compensation
- Members Benefit Corp — Schedule C compensation