New American Funding, LLC 401(K) Plan — Form 5500 plan (New American Funding, LLC)

Plain-English plan 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, New American Funding, LLC 401(K) Plan is a benefit plan reported by New American Funding, LLC under EIN 01-0726495 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,227 participants and $121,056,472 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
New American Funding, LLC
EIN
01-0726495
Plan number
001
Plan type
2
Location
Tustin, CA
Latest filing year
2023
Participants
4,227
End-of-year plan assets
$121,056,472

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,227H, C20241013093313NAL0013969011001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$121,056,472
Total liabilities (EOY)
$0
Net assets (EOY)
$121,056,472
Net assets (BOY)
$97,820,750

Income & contributions

Employer contributions
$2,412,458
Participant contributions
$14,974,291
Total contributions
$24,930,473
Total income / additions
$42,407,855

Expenses & distributions

Benefits paid
$18,386,756
Administrative expenses
$279,438
Total expenses
$19,169,862
Net increase / (decrease)
$23,237,993

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$236,884$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages