403(B) Thrift Plan For Employees Of Wayne Action Group For Economic Solvency, Inc. — Form 5500 plan (Wayne Action Group For Economic Solvency, Inc.)
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, 403(B) Thrift Plan For Employees Of Wayne Action Group For Economic Solvency, Inc. is a benefit plan reported by Wayne Action Group For Economic Solvency, Inc. under EIN 56-6070824 and plan number 002. The latest loaded filing year is 2023. The filing reports 279 participants and $674,861 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$674.9KPlan net assets, end of year$674,861
Participants279Covered participants reported
Assets / participant$2.4KComputed: assets ÷ participants$2,419 (computed)
Provider compensation$4011 Schedule C provider row(s)
- Plan sponsor
- Wayne Action Group For Economic Solvency, Inc.
- EIN
- 56-6070824
- Plan number
- 002
- Plan type
- 2
- Location
- Goldsboro, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 279 | H, C | 20250206091328NAL0011354993001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$674.9K total assets
Net assets$674.9KLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $674,861
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $674,861
- Net assets (BOY)
- $587,386
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $75,485
- Total contributions
- $75,485
- Total income / additions
- $153,554
Expenses & distributions
- Benefits paid
- $65,678
- Administrative expenses
- $401
- Total expenses
- $66,079
- Net increase / (decrease)
- $87,475
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mutual Of America Investment Corp | RECORD KEEPER | $401 | $0 | 2023 |