Chownow 401(K) Plan — Form 5500 plan (Chownow, Inc)

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, Chownow 401(K) Plan is a benefit plan reported by Chownow, Inc under EIN 80-0959845 and plan number 001. The latest loaded filing year is 2023. The filing reports 486 participants and $12,263,742 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Chownow, Inc
EIN
80-0959845
Plan number
001
Plan type
2
Location
Los Angeles, CA
Latest filing year
2023
Participants
486
End-of-year plan assets
$12,263,742

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023486H, C20241008172646NAL0035535522001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,263,742
Total liabilities (EOY)
$0
Net assets (EOY)
$12,263,742
Net assets (BOY)
$9,599,288

Income & contributions

Employer contributions
$249,973
Participant contributions
$2,559,222
Total contributions
$2,977,092
Total income / additions
$4,623,009

Expenses & distributions

Benefits paid
$1,895,955
Administrative expenses
$62,600
Total expenses
$1,958,555
Net increase / (decrease)
$2,664,454

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Betterment For Business, LLCRECORDKEEPER$62,600not reported in the loaded dataset2023

Related Form 5500 pages