2023 Form 5500 filing — National Development Associates Of New England & Affiliates 401(K) Profit Sharing Plan & Trust
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 20241015122749NAL0014625635001) for National Development Associates Of New England & Affiliates 401(K) Profit Sharing Plan & Trust, reported by National Development Associates Of New England, Inc. under EIN 04-3142739 and plan number 001. It reports 391 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015122749NAL0014625635001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- National Development Associates Of New England, Inc.
- EIN
- 04-3142739
- Plan number
- 001
- Location
- Newton Lower Falls, MA
- Participants
- 391
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $70,291,066
- Net assets (EOY)
- $70,291,066
- Employer contributions
- $1,036,347
- Participant contributions
- $3,101,403
- Total income / additions
- $14,421,642
- Benefits paid
- $4,050,209
- Administrative expenses
- $165,093
- Total expenses
- $4,279,005
- Net increase / (decrease)
- $10,142,637
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $68,691 | $34,784 |
| Cambridge Investment Research | not reported in the loaded dataset | $0 | $48,492 |
| Ardito Toscano And Mccollum Pc | ACCOUNTANT | $47,814 | not reported in the loaded dataset |
| Iron-Co-Fid-Comprehensive | ADVISOR | $26,213 | not reported in the loaded dataset |
| Beacon Benefits, Inc. | THIRD PARTY FEE | $18,338 | not reported in the loaded dataset |
| Johnson O'Connor Feron & Carucci Ll | THIRD PARTY FEE | $5,125 | not reported in the loaded dataset |