2023 Form 5500 filing — Fundrise 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 20240916150456NAL0001636449001) for Fundrise 401(K) Plan, reported by Rise Companies Corp. under EIN 45-4862460 and plan number 001. It reports 392 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240916150456NAL0001636449001
Filing year
2023
Form type
2
Plan sponsor
Rise Companies Corp.
EIN
45-4862460
Plan number
001
Location
Washington Dc, DC
Participants
392
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$19,052,675
Total liabilities (EOY)
$0
Net assets (EOY)
$19,052,675
Employer contributions
$1,563,856
Participant contributions
$4,058,210
Total income / additions
$8,851,684
Benefits paid
$1,065,931
Administrative expenses
$118,135
Total expenses
$1,192,180
Net increase / (decrease)
$7,659,504
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
The Capital Group Inv AdvisoryADVISOR$66,625not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$49,618$0

Related Form 5500 pages