2023 Form 5500 filing — The Reserves Network, Inc. Employees 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 20241008150217NAL0035129458001) for The Reserves Network, Inc. Employees 401(K) Plan, reported by The Reserves Network, Inc. under EIN 34-1711012 and plan number 001. It reports 340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$12.5MReported net assets$12,487,477
Participants340
Provider compensation$48K2 Schedule C row(s)$47,974
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241008150217NAL0035129458001
- Plan sponsor
- The Reserves Network, Inc.
- EIN
- 34-1711012
- Plan number
- 001
- Location
- Fairview Park, OH
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$12.5M total assets
Net assets$12.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $12,487,477
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,487,477
- Employer contributions
- $726,274
- Participant contributions
- $1,314,254
- Total income / additions
- $4,359,884
- Benefits paid
- $1,965,567
- Administrative expenses
- $34,866
- Total expenses
- $2,005,658
- Net increase / (decrease)
- $2,354,226
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $34,865 | $0 |
| Wells Fargo Clearing Services LLC | INVESTMENT ADVISORY | $0 | $13,109 |