We Florida Financial Welfare Plan — Form 5500 plan (We Florida Financial)
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, We Florida Financial Welfare Plan is a benefit plan reported by We Florida Financial under EIN 59-0709646 and plan number 001. The latest loaded filing year is 2023. The filing reports 213 participants and $12,856,549 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- We Florida Financial
- EIN
- 59-0709646
- Plan number
- 001
- Plan type
- 2
- Location
- Margate, FL
- Latest filing year
- 2023
- Participants
- 213
- End-of-year plan assets
- $12,856,549
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 213 | H, C | 20241014120712NAL0026109585001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,856,549
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,856,549
- Net assets (BOY)
- $12,700,210
Income & contributions
- Employer contributions
- $585,157
- Participant contributions
- $674,226
- Total contributions
- $1,661,227
- Total income / additions
- $3,774,140
Expenses & distributions
- Benefits paid
- $3,502,326
- Administrative expenses
- $36,594
- Total expenses
- $3,617,801
- Net increase / (decrease)
- $156,339
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $29,126 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $5,476 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,992 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for We Florida Financial
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Margate, FL
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation