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, Shift Technologies 401(K) Plan is a benefit plan reported by Shift Technologies, Inc. under EIN 46-4260979 and plan number 001. The latest loaded filing year is 2023. The filing reports 896 participants and $6,830,635 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,830,635
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,830,635
- Net assets (BOY)
- $9,822,235
Income & contributions
- Employer contributions
- $997
- Participant contributions
- $1,594,959
- Total contributions
- $1,660,249
- Total income / additions
- $3,483,368
Expenses & distributions
- Benefits paid
- $9,976,977
- Administrative expenses
- $182,632
- Total expenses
- $10,164,835
- Net increase / (decrease)
- -$6,681,467