2023 Form 5500 filing — Newsmax Media 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 20241010135328NAL0010061363001) for Newsmax Media 401(K) Plan, reported by Newsmax Media, Inc. under EIN 65-0855199 and plan number 001. It reports 417 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010135328NAL0010061363001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newsmax Media, Inc.
- EIN
- 65-0855199
- Plan number
- 001
- Location
- Boca Raton, FL
- Participants
- 417
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,928,977
- Net assets (EOY)
- $12,928,977
- Employer contributions
- $890,985
- Participant contributions
- $1,966,261
- Total income / additions
- $4,773,592
- Benefits paid
- $752,242
- Administrative expenses
- $45,969
- Total expenses
- $798,211
- Net increase / (decrease)
- $3,975,381
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $43,754 | $0 |
| Usi Securities, Inc. | BROKER | $0 | $27,222 |