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, Forever 401(K) Plan is a benefit plan reported by Forever Media, Inc. under EIN 58-1935744 and plan number 001. The latest loaded filing year is 2023. The filing reports 206 participants and $6,570,218 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,570,218
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,570,218
- Net assets (BOY)
- $6,974,997
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $407,918
- Total contributions
- $407,918
- Total income / additions
- $1,480,254
Expenses & distributions
- Benefits paid
- $1,862,448
- Administrative expenses
- $5,036
- Total expenses
- $1,885,033
- Net increase / (decrease)
- -$404,779