2023 Form 5500 filing — Net Friends, Inc 401(K) 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 20240617115501NAL0001038961001) for Net Friends, Inc 401(K) Plan, reported by Net Friends, Inc under EIN 80-0336304 and plan number 001. It reports 71 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$3MReported net assets$3,039,760
Participants71
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240617115501NAL0001038961001
Plan sponsor
Net Friends, Inc
EIN
80-0336304
Plan number
001
Location
Durham, NC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$3M total assets
Net assets$3MLiabilities$0
Money in vs. money out
Total income / additions$991.6K
Total expenses$321.6K
Benefits paid / distributions$320.7K
Contributions
Employer$70.4K
Participant$247.5K
Full reported line items
Total assets (EOY)
$3,039,760
Total liabilities (EOY)
$0
Net assets (EOY)
$3,039,760
Employer contributions
$70,370
Participant contributions
$247,530
Total income / additions
$991,596
Benefits paid
$320,707
Administrative expenses
$896
Total expenses
$321,603
Net increase / (decrease)
$669,993

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240617115501NAL0001038961001 cover?
It is the 2023 Form 5500 filing for Net Friends, Inc 401(K) Plan, reported by Net Friends, Inc (EIN 80-0336304).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages