2023 Form 5500 filing — Net100 401k 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 20241015090314NAL0027894273001) for Net100 401k Plan, reported by Net100, Ltd. under EIN 54-1514882 and plan number 001. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015090314NAL0027894273001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Net100, Ltd.
- EIN
- 54-1514882
- Plan number
- 001
- Location
- Chantilly, VA
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,794,871
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,794,871
- Participant contributions
- $464,704
- Total income / additions
- $1,944,521
- Benefits paid
- $1,030,444
- Administrative expenses
- $63,047
- Total expenses
- $1,093,491
- Net increase / (decrease)
- $851,030
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $63,046 | $0 |
| Truist Advisory Services, Inc. | INVESTMENT ADVISORY | $0 | $18,069 |