WMS PARTNERS LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2024 : WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2024 401k financial data |
|---|
| Total plan liabilities at end of year | 2024-01-01 | $42,792 |
| Total plan liabilities at beginning of year | 2024-01-01 | $34,524 |
| Total income from all sources | 2024-01-01 | $841,943 |
| Expenses. Total of all expenses incurred | 2024-01-01 | $1,020,651 |
| Benefits paid (including direct rollovers) | 2024-01-01 | $464,280 |
| Total plan assets at end of year | 2024-01-01 | $17,002 |
| Total plan assets at beginning of year | 2024-01-01 | $187,442 |
| Value of fidelity bond covering the plan | 2024-01-01 | $5,000,000 |
| Total contributions received or receivable from participants | 2024-01-01 | $317,205 |
| Expenses. Other expenses not covered elsewhere | 2024-01-01 | $333,356 |
| Contributions received from other sources (not participants or employers) | 2024-01-01 | $0 |
| Other income received | 2024-01-01 | $4,699 |
| Net income (gross income less expenses) | 2024-01-01 | $-178,708 |
| Net plan assets at end of year (total assets less liabilities) | 2024-01-01 | $-25,790 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-01-01 | $152,918 |
| Total contributions received or receivable from employer(s) | 2024-01-01 | $520,039 |
| Value of corrective distributions | 2024-01-01 | $185,876 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2024-01-01 | $37,139 |
| 2023 : WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-12-31 | $34,524 |
| Total plan liabilities at beginning of year | 2023-12-31 | $36,051 |
| Total income from all sources | 2023-12-31 | $796,661 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $660,144 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $271,626 |
| Total plan assets at end of year | 2023-12-31 | $187,442 |
| Total plan assets at beginning of year | 2023-12-31 | $52,452 |
| Value of fidelity bond covering the plan | 2023-12-31 | $5,000,000 |
| Total contributions received or receivable from participants | 2023-12-31 | $209,055 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $300,889 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $0 |
| Other income received | 2023-12-31 | $1,949 |
| Net income (gross income less expenses) | 2023-12-31 | $136,517 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $152,918 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $16,401 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $585,657 |
| Value of corrective distributions | 2023-12-31 | $49,022 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $38,607 |
| 2022 : WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-12-31 | $36,051 |
| Total plan liabilities at beginning of year | 2022-12-31 | $35,581 |
| Total income from all sources | 2022-12-31 | $54,984 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $98,254 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $74,776 |
| Total plan assets at end of year | 2022-12-31 | $52,452 |
| Total plan assets at beginning of year | 2022-12-31 | $95,252 |
| Value of fidelity bond covering the plan | 2022-12-31 | $5,000,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $3,398 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $20,656 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $-43,270 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $16,401 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $59,671 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $51,586 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $2,822 |
| Total plan liabilities at end of year | 2022-11-30 | $35,581 |
| Total plan liabilities at beginning of year | 2022-11-30 | $0 |
| Total income from all sources | 2022-11-30 | $623,029 |
| Expenses. Total of all expenses incurred | 2022-11-30 | $563,358 |
| Benefits paid (including direct rollovers) | 2022-11-30 | $294,447 |
| Total plan assets at end of year | 2022-11-30 | $95,252 |
| Total plan assets at beginning of year | 2022-11-30 | $0 |
| Value of fidelity bond covering the plan | 2022-11-30 | $5,000,000 |
| Total contributions received or receivable from participants | 2022-11-30 | $32,441 |
| Expenses. Other expenses not covered elsewhere | 2022-11-30 | $233,365 |
| Contributions received from other sources (not participants or employers) | 2022-11-30 | $0 |
| Other income received | 2022-11-30 | $0 |
| Net income (gross income less expenses) | 2022-11-30 | $59,671 |
| Net plan assets at end of year (total assets less liabilities) | 2022-11-30 | $59,671 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-11-30 | $0 |
| Total contributions received or receivable from employer(s) | 2022-11-30 | $590,588 |
| Value of corrective distributions | 2022-11-30 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-11-30 | $35,546 |
| 2023: WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Insurance | Yes |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2023-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2023-01-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2022: WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2022 form 5500 responses |
|---|
| 2022-12-01 | Type of plan entity | Single employer plan |
| 2022-12-01 | Submission has been amended | No |
| 2022-12-01 | This submission is the final filing | No |
| 2022-12-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2022-12-01 | Plan is a collectively bargained plan | No |
| 2022-12-01 | Plan funding arrangement – Insurance | Yes |
| 2022-12-01 | Plan funding arrangement – Trust | Yes |
| 2022-12-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-12-01 | Plan benefit arrangement - Trust | Yes |
| 2021: WMS PARTNERS, LLC EMPLOYEE BENEFIT PLAN 2021 form 5500 responses |
|---|
| 2021-12-01 | Type of plan entity | Single employer plan |
| 2021-12-01 | First time form 5500 has been submitted | Yes |
| 2021-12-01 | Submission has been amended | No |
| 2021-12-01 | This submission is the final filing | No |
| 2021-12-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-12-01 | Plan is a collectively bargained plan | No |
| 2021-12-01 | Plan funding arrangement – Insurance | Yes |
| 2021-12-01 | Plan funding arrangement – Trust | Yes |
| 2021-12-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-12-01 | Plan benefit arrangement - Trust | Yes |
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 ) |
| Policy contract number | 30500811-211 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500811-211 | | Number of Individuals Covered | 64 | | Insurance policy start date | 2023-01-01 | | Insurance policy end date | 2023-12-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $251,899 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 ) |
| Policy contract number | 957763 |
| Policy instance | 2 |
| Insurance contract or identification number | 957763 | | Number of Individuals Covered | 81 | | Insurance policy start date | 2023-01-01 | | Insurance policy end date | 2023-12-31 | | Total amount of commissions paid to insurance broker | USD $8,435 | | Total amount of fees paid to insurance company | USD $3,540 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | Yes | | Long Term Disability Insurance Welfare Benefit | Yes | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | ACCIDENT, CRITICAL ILLNESS, AD&D VOLUNTARY LIFE AND AD&D | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $122,871 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 ) |
| Policy contract number | 30500811-211 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500811-211 | | Number of Individuals Covered | 67 | | Insurance policy start date | 2022-12-01 | | Insurance policy end date | 2022-12-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $16,905 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| THE GUARDIAN (National Association of Insurance Commissioners NAIC id number: 64246 ) |
| Policy contract number | 00567671 |
| Policy instance | 2 |
| Insurance contract or identification number | 00567671 | | Number of Individuals Covered | 80 | | Insurance policy start date | 2022-12-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $4,168 | | Total amount of fees paid to insurance company | USD $0 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | Yes | | Long Term Disability Insurance Welfare Benefit | Yes | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | AD&D,OPTIONAL LIFE & AD&D | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $10,709 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 ) |
| Policy contract number | 30500811-211 |
| Policy instance | 1 |
| THE GUARDIAN (National Association of Insurance Commissioners NAIC id number: 64246 ) |
| Policy contract number | 00567671 |
| Policy instance | 2 |
