2023 Form 5500 filing — Netchex 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 20241029074742NAL0002613779001) for Netchex 401(K) Plan, reported by S & W Payroll Services, LLC under EIN 42-1592649 and plan number 001. It reports 257 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241029074742NAL0002613779001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- S & W Payroll Services, LLC
- EIN
- 42-1592649
- Plan number
- 001
- Location
- Covington, LA
- Participants
- 257
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,390,995
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,390,995
- Employer contributions
- $608,576
- Participant contributions
- $1,237,912
- Total income / additions
- $3,637,270
- Benefits paid
- $510,571
- Administrative expenses
- $57,947
- Total expenses
- $568,926
- Net increase / (decrease)
- $3,068,344
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $26,947 | $0 |
| Sma Services, Inc. | RECORDKEEPER | $4,625 | $0 |