2023 Form 5500 filing — New Era 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 20241016162638NAL0015947987001) for New Era 401(K) Plan, reported by New Era Technology, Inc. under EIN 46-3078820 and plan number 001. It reports 2,710 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241016162638NAL0015947987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- New Era Technology, Inc.
- EIN
- 46-3078820
- Plan number
- 001
- Location
- West Chester, PA
- Participants
- 2,710
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $141,842,904
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $141,842,904
- Employer contributions
- $2,009,598
- Participant contributions
- $13,395,897
- Total income / additions
- $47,052,876
- Benefits paid
- $22,733,026
- Administrative expenses
- $269,543
- Total expenses
- $23,003,373
- Net increase / (decrease)
- $24,049,503
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RECORDKEEPER | $137,716 | $0 |
| Principal Securities | RIA | $108,427 | not reported in the loaded dataset |
| Mazars Usa Llp | RETAINED BY EMPLOYER | $23,400 | not reported in the loaded dataset |