2023 Form 5500 filing — Employee Benefit Plan Of Factory Connection, LLC

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 20240726090801NAL0010054275001) for Employee Benefit Plan Of Factory Connection, LLC, reported by Factory Connection, LLC under EIN 90-0142088 and plan number 001. It reports 398 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.7MReported net assets$5,684,982
Participants398
Provider compensation$1.6K1 Schedule C row(s)$1,612
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240726090801NAL0010054275001
Plan sponsor
Factory Connection, LLC
EIN
90-0142088
Plan number
001
Location
Guntersville, AL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$5.7M total assets
Net assets$5.7MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$388.8K
Benefits paid / distributions$387.2K
Contributions
Employer$41.3K
Participant$413.5K
Full reported line items
Total assets (EOY)
$5,684,982
Total liabilities (EOY)
$0
Net assets (EOY)
$5,684,982
Employer contributions
$41,285
Participant contributions
$413,538
Total income / additions
$1,210,797
Benefits paid
$387,154
Administrative expenses
$1,612
Total expenses
$388,766
Net increase / (decrease)
$822,031

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Mutual Of America Investment CorpRECORDKEEPER$1,612$0

Related Form 5500 pages