Social Finance, Inc. 403(B) Plan — Form 5500 plan (Social Finance, 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, Social Finance, Inc. 403(B) Plan is a benefit plan reported by Social Finance, Inc. under EIN 27-4620963 and plan number 001. The latest loaded filing year is 2023. The filing reports 149 participants and $8,899,212 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Social Finance, Inc.
EIN
27-4620963
Plan number
001
Plan type
2
Location
Boston, MA
Latest filing year
2023
Participants
149
End-of-year plan assets
$8,899,212

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023149H, C20241009132141NAL0010651795001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,899,212
Total liabilities (EOY)
$0
Net assets (EOY)
$8,899,212
Net assets (BOY)
$5,892,393

Income & contributions

Employer contributions
$404,222
Participant contributions
$1,409,373
Total contributions
$1,925,953
Total income / additions
$3,279,865

Expenses & distributions

Benefits paid
$264,066
Administrative expenses
$8,980
Total expenses
$273,046
Net increase / (decrease)
$3,006,819

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Trust Company, LLCRECORDKEEPER$8,190not reported in the loaded dataset2023
Ascensus, LLCRECORDKEEPER$790not reported in the loaded dataset2023

Related Form 5500 pages