Shoplc Global, Inc. 401(K) Plan — Form 5500 plan (Shoplc Global, Inc.)

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, Shoplc Global, Inc. 401(K) Plan is a benefit plan reported by Shoplc Global, Inc. under EIN 20-8355838 and plan number 001. The latest loaded filing year is 2023. The filing reports 585 participants and $11,886,347 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.9MPlan net assets, end of year$11,886,347
Participants585Covered participants reported
Assets / participant$20.3KComputed: assets ÷ participants$20,319 (computed)
Provider compensation$27.6K2 Schedule C provider row(s)$27,566
Plan sponsor
Shoplc Global, Inc.
EIN
20-8355838
Plan number
001
Plan type
2
Location
Austin, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023585H, C20241009094714NAL0032350560001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$11.9M total assets
Net assets$11.9MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$692.7K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$11,886,347
Total liabilities (EOY)
$0
Net assets (EOY)
$11,886,347
Net assets (BOY)
$9,465,574

Income & contributions

Employer contributions
$692,663
Participant contributions
$1,207,622
Total contributions
$1,952,662
Total income / additions
$3,781,889

Expenses & distributions

Benefits paid
$1,331,006
Administrative expenses
$27,567
Total expenses
$1,361,116
Net increase / (decrease)
$2,420,773
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 36%Participant 64%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$17,402$02023
401k Advisors IncINVESTMENT/FINANCIAL ADVI$10,164$02023

Related Form 5500 pages