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, Netchex 401(K) Plan is a benefit plan reported by S & W Payroll Services, LLC under EIN 42-1592649 and plan number 001. The latest loaded filing year is 2023. The filing reports 257 participants and $12,390,995 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,390,995
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,390,995
- Net assets (BOY)
- $9,322,651
Income & contributions
- Employer contributions
- $608,576
- Participant contributions
- $1,237,912
- Total contributions
- $1,933,429
- Total income / additions
- $3,637,270
Expenses & distributions
- Benefits paid
- $510,571
- Administrative expenses
- $57,947
- Total expenses
- $568,926
- Net increase / (decrease)
- $3,068,344