Nations Lending 401(K) Plan — Form 5500 plan (Nations Lending 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, Nations Lending 401(K) Plan is a benefit plan reported by Nations Lending Corporation under EIN 77-0605392 and plan number 001. The latest loaded filing year is 2023. The filing reports 697 participants and $23,604,606 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nations Lending Corporation
- EIN
- 77-0605392
- Plan number
- 001
- Plan type
- 2
- Location
- Independence, OH
- Latest filing year
- 2023
- Participants
- 697
- End-of-year plan assets
- $23,604,606
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 697 | H, C | 20241009151008NAL0018618929001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,604,606
- Net assets (EOY)
- $23,604,606
- Net assets (BOY)
- $25,650,310
Income & contributions
- Employer contributions
- $1,374,146
- Participant contributions
- $2,812,192
- Total contributions
- $5,207,977
- Total income / additions
- $8,608,290
Expenses & distributions
- Benefits paid
- $10,460,940
- Administrative expenses
- $193,054
- Total expenses
- $10,653,994
- Net increase / (decrease)
- -$2,045,704
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $113,022 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $36,694 | $0 | 2023 |
| National Associates Inc. | CONTRACT ADMINISTRATOR | $28,636 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $10,511 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nations Lending Corporation
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Independence, OH
- Empower Annuity Insurance Co — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- National Associates Inc. — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation