2023 Form 5500 filing — Netbrain Technologies 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240806102030NAL0004021184001) for Netbrain Technologies 401(K) Plan, reported by Netbrain Technologies, Inc. under EIN 05-0611033 and plan number 001. It reports 239 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240806102030NAL0004021184001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Netbrain Technologies, Inc.
- EIN
- 05-0611033
- Plan number
- 001
- Location
- Burlington, MA
- Participants
- 239
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,579,886
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,579,886
- Employer contributions
- $624,371
- Participant contributions
- $2,088,348
- Total income / additions
- $6,034,498
- Benefits paid
- $868,252
- Administrative expenses
- $56,919
- Total expenses
- $926,507
- Net increase / (decrease)
- $5,107,991
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $42,641 | not reported in the loaded dataset |
| Pinnacle Pension Consultants | INVESTMENT ADVISOR | $6,000 | not reported in the loaded dataset |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $2,792 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |