2023 Form 5500 filing — Shift Technologies 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 20251210185606NAL0005515921001) for Shift Technologies 401(K) Plan, reported by Shift Technologies, Inc. under EIN 46-4260979 and plan number 001. It reports 896 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251210185606NAL0005515921001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shift Technologies, Inc.
- EIN
- 46-4260979
- Plan number
- 001
- Location
- San Francisco, CA
- Participants
- 896
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,830,635
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,830,635
- Employer contributions
- $997
- Participant contributions
- $1,594,959
- Total income / additions
- $3,483,368
- Benefits paid
- $9,976,977
- Administrative expenses
- $182,632
- Total expenses
- $10,164,835
- Net increase / (decrease)
- -$6,681,467
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $154,812 | $0 |
| Trucker Huss Apc | ATTORNEY/LEGAL | $27,820 | not reported in the loaded dataset |