Wallace, Montgomery & Associates , Llp 401(K) Profit Sharing Plan — Form 5500 plan (Wallace, Montgomery & Associates)

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, Wallace, Montgomery & Associates , Llp 401(K) Profit Sharing Plan is a benefit plan reported by Wallace, Montgomery & Associates under EIN 52-1051946 and plan number 001. The latest loaded filing year is 2023. The filing reports 276 participants and $37,766,307 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wallace, Montgomery & Associates
EIN
52-1051946
Plan number
001
Plan type
2
Location
Hunt Valley, MD
Latest filing year
2023
Participants
276
End-of-year plan assets
$37,766,307

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023276H, C20241013103835NAL0025800209001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$37,766,307
Total liabilities (EOY)
$0
Net assets (EOY)
$37,766,307
Net assets (BOY)
$32,396,217

Income & contributions

Employer contributions
$751,831
Participant contributions
$1,968,269
Total contributions
$2,930,559
Total income / additions
$8,196,773

Expenses & distributions

Benefits paid
$2,759,492
Administrative expenses
$66,097
Total expenses
$2,826,683
Net increase / (decrease)
$5,370,090

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Greenspring Advisors, LLCINVESTMENT/FINANCIAL ADVI$43,980$02023
Adp, Inc.RECORD KEEPER$22,116$02023

Related Form 5500 pages