Nqm Funding, LLC 401(K) Plan — Form 5500 plan (Nqm Funding, 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, Nqm Funding, LLC 401(K) Plan is a benefit plan reported by Nqm Funding, LLC under EIN 65-0709224 and plan number 004. The latest loaded filing year is 2023. The filing reports 395 participants and $5,623,508 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nqm Funding, LLC
EIN
65-0709224
Plan number
004
Plan type
2
Location
Boca Raton, FL
Latest filing year
2023
Participants
395
End-of-year plan assets
$5,623,508

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023395H, C20241015134723NAL0028629249001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,623,508
Total liabilities (EOY)
$0
Net assets (EOY)
$5,623,508
Net assets (BOY)
$4,196,198

Income & contributions

Participant contributions
$1,127,528
Total contributions
$1,466,253
Total income / additions
$2,293,255

Expenses & distributions

Benefits paid
$794,104
Administrative expenses
$71,841
Total expenses
$865,945
Net increase / (decrease)
$1,427,310

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock UsaRECORDKEEPER$7,657not reported in the loaded dataset2023

Related Form 5500 pages