Nb Ventures, Inc. 401(K) Plan — Form 5500 plan (Nb Ventures, 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, Nb Ventures, Inc. 401(K) Plan is a benefit plan reported by Nb Ventures, Inc. under EIN 22-3721259 and plan number 001. The latest loaded filing year is 2023. The filing reports 873 participants and $52,429,224 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nb Ventures, Inc.
EIN
22-3721259
Plan number
001
Plan type
2
Location
Clark, NJ
Latest filing year
2023
Participants
873
End-of-year plan assets
$52,429,224

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023873H, C20241007120636NAL0016030865001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,429,224
Total liabilities (EOY)
$0
Net assets (EOY)
$52,429,224
Net assets (BOY)
$39,124,591

Income & contributions

Employer contributions
$1,897,026
Participant contributions
$5,761,032
Total contributions
$7,912,875
Total income / additions
$16,175,156

Expenses & distributions

Benefits paid
$2,671,595
Administrative expenses
$192,731
Total expenses
$2,870,523
Net increase / (decrease)
$13,304,633

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$156,010$02023
Nfp Retirement IncSERVICE PROVIDER$5,000$116,2322023
Nb Ventures IncSERVICE PROVIDER$29,417not reported in the loaded dataset2023

Related Form 5500 pages