2023 Form 5500 filing — Nation Safe Drivers Employee Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240118093612NAL0003506817001) for Nation Safe Drivers Employee Stock Ownership Plan, reported by Nsd Newco, Inc under EIN 84-3500138 and plan number 001. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240118093612NAL0003506817001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nsd Newco, Inc
- EIN
- 84-3500138
- Plan number
- 001
- Location
- Boca Raton, FL
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,183,793
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,183,793
- Employer contributions
- $1,568
- Participant contributions
- $820,420
- Total income / additions
- $9,880,042
- Benefits paid
- $4,015,972
- Administrative expenses
- $20,863
- Total expenses
- $4,075,921
- Net increase / (decrease)
- $5,804,121
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $20,846 | $0 |
| Massachussetss Mutual Life Ins Co | SERVICE PROIVDER | $15,336 | $0 |
| Mmlis | BROKER/ADVISOR | $0 | $11,639 |
| Mml Investors Services Inc | SHAREHOLDER SERVICE PROV | $0 | $8,522 |
| Empower Advisory | INVESTMENT MGMT | $17 | not reported in the loaded dataset |