2023 Form 5500 filing — Nqm Funding, LLC 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 20241015134723NAL0028629249001) for Nqm Funding, LLC 401(K) Plan, reported by Nqm Funding, LLC under EIN 65-0709224 and plan number 004. It reports 395 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)$5.6MReported net assets$5,623,508
Participants395
Provider compensation$7.7K1 Schedule C row(s)$7,657
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015134723NAL0028629249001
Plan sponsor
Nqm Funding, LLC
EIN
65-0709224
Plan number
004
Location
Boca Raton, FL
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)$5.6M total assets
Net assets$5.6MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$865.9K
Benefits paid / distributions$794.1K
Contributions
EmployerNot reported
Participant$1.1M
Full reported line items
Total assets (EOY)
$5,623,508
Total liabilities (EOY)
$0
Net assets (EOY)
$5,623,508
Participant contributions
$1,127,528
Total income / additions
$2,293,255
Benefits paid
$794,104
Administrative expenses
$71,841
Total expenses
$865,945
Net increase / (decrease)
$1,427,310

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
John Hancock UsaRECORDKEEPER$7,657not reported in the loaded dataset

Related Form 5500 pages