Brex 401(K) Plan — Form 5500 plan (Brex 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, Brex 401(K) Plan is a benefit plan reported by Brex Inc. under EIN 32-0517957 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,215 participants and $57,203,995 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Brex Inc.
EIN
32-0517957
Plan number
001
Plan type
2
Location
San Francisco, CA
Latest filing year
2023
Participants
1,215
End-of-year plan assets
$57,203,995

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,215H, C20241010214108NAL0037122896001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$57,203,995
Total liabilities (EOY)
$0
Net assets (EOY)
$57,203,995
Net assets (BOY)
$36,147,363

Income & contributions

Employer contributions
$0
Participant contributions
$14,121,888
Total contributions
$18,000,404
Total income / additions
$26,913,783

Expenses & distributions

Benefits paid
$5,652,272
Administrative expenses
$127,281
Total expenses
$5,857,151
Net increase / (decrease)
$21,056,632

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Marcum LlpACCOUNTANT/AUDITOR$102,387not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$19,857$02023
Strategic Advisors, Inc.ADVISOR$5,037not reported in the loaded dataset2023

Related Form 5500 pages