Newbold 401(K) Plan — Form 5500 plan (Newbold Corporation)
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, Newbold 401(K) Plan is a benefit plan reported by Newbold Corporation under EIN 54-1702665 and plan number 001. The latest loaded filing year is 2023. The filing reports 153 participants and $2,526,822 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Newbold Corporation
- EIN
- 54-1702665
- Plan number
- 001
- Plan type
- 2
- Location
- Greenville, SC
- Latest filing year
- 2023
- Participants
- 153
- End-of-year plan assets
- $2,526,822
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 153 | H, C | 20240603133344NAL0031450112001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,526,822
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,526,822
- Net assets (BOY)
- $3,469,436
Income & contributions
- Employer contributions
- $109,801
- Participant contributions
- $256,712
- Total contributions
- $390,880
- Total income / additions
- $801,746
Expenses & distributions
- Benefits paid
- $1,719,992
- Administrative expenses
- $24,368
- Total expenses
- $1,744,360
- Net increase / (decrease)
- -$942,614
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Creative Retirement Systems | THIRD PARTY ADMIN. | $6,500 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $5,092 | not reported in the loaded dataset | 2023 |