2023 Form 5500 filing — Nations Lending 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 20241009151008NAL0018618929001) for Nations Lending 401(K) Plan, reported by Nations Lending Corporation under EIN 77-0605392 and plan number 001. It reports 697 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009151008NAL0018618929001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nations Lending Corporation
- EIN
- 77-0605392
- Plan number
- 001
- Location
- Independence, OH
- Participants
- 697
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,604,606
- Net assets (EOY)
- $23,604,606
- Employer contributions
- $1,374,146
- Participant contributions
- $2,812,192
- Total income / additions
- $8,608,290
- Benefits paid
- $10,460,940
- Administrative expenses
- $193,054
- Total expenses
- $10,653,994
- Net increase / (decrease)
- -$2,045,704
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $113,022 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $36,694 | $0 |
| National Associates Inc. | CONTRACT ADMINISTRATOR | $28,636 | $0 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $10,511 | $0 |