Network Building & Consulting 401(K) Plan — Form 5500 plan (Network Building & Consulting, LLC)

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, Network Building & Consulting 401(K) Plan is a benefit plan reported by Network Building & Consulting, LLC under EIN 51-0404247 and plan number 001. The latest loaded filing year is 2023. The filing reports 617 participants and $33,090,031 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Network Building & Consulting, LLC
EIN
51-0404247
Plan number
001
Plan type
2
Location
Elkridge, MD
Latest filing year
2023
Participants
617
End-of-year plan assets
$33,090,031

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023617H, C20241011100251NAL0043888642001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,090,031
Total liabilities (EOY)
$0
Net assets (EOY)
$33,090,031
Net assets (BOY)
$26,759,863

Income & contributions

Employer contributions
$702,902
Participant contributions
$3,231,121
Total contributions
$4,406,941
Total income / additions
$9,468,500

Expenses & distributions

Benefits paid
$3,017,274
Administrative expenses
$116,042
Total expenses
$3,138,332
Net increase / (decrease)
$6,330,168

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$68,591$02023
Ubs Financial Services IncADVISOR$47,451not reported in the loaded dataset2023

Related Form 5500 pages