Rhodes Financial Services, LLC 401(K) Plan — Form 5500 plan (Rhodes Financial Services, LLC)

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, Rhodes Financial Services, LLC 401(K) Plan is a benefit plan reported by Rhodes Financial Services, LLC under EIN 58-2493504 and plan number 001. The latest loaded filing year is 2023. The filing reports 245 participants and $22,945,916 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Rhodes Financial Services, LLC
EIN
58-2493504
Plan number
001
Plan type
2
Location
Augusta, GA
Latest filing year
2023
Participants
245
End-of-year plan assets
$22,945,916

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023245H, C20241015062850NAL0014160531001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,945,916
Total liabilities (EOY)
$0
Net assets (EOY)
$22,945,916
Net assets (BOY)
$18,426,644

Income & contributions

Employer contributions
$574,769
Participant contributions
$1,261,863
Total contributions
$1,855,468
Total income / additions
$5,694,689

Expenses & distributions

Benefits paid
$1,120,950
Administrative expenses
$54,467
Total expenses
$1,175,417
Net increase / (decrease)
$4,519,272

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Rsm Us Wealth Management LLCINVESTMENT/FINANCIAL ADVI$30,786$02023
Cherry Bekaert Wealth Management, LINVESTMENT/FINANCIAL ADVI$20,033$02023
Adp, Inc.RECORD KEEPER$3,646$02023

Related Form 5500 pages