2023 Form 5500 filing — Offerpad, LLC 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 20240820135938NAL0006019954001) for Offerpad, LLC 401(K) Plan, reported by Offerpad, LLC under EIN 32-0469112 and plan number 001. It reports 1,940 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)$13.5MReported net assets$13,517,734
Participants1.9K1,940
Provider compensation$77.2K3 Schedule C row(s)$77,156
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240820135938NAL0006019954001
Plan sponsor
Offerpad, LLC
EIN
32-0469112
Plan number
001
Location
Chandler, AZ
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 H · 2023

Reported financial snapshot

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

Reported balance (end of year)$13.5M total assets
Net assets$13.5MLiabilities$0
Money in vs. money out
Total income / additions$6.9M
Total expenses$6.3M
Benefits paid / distributions$6.2M
Contributions
Employer$1.1M
Participant$2.8M
Full reported line items
Total assets (EOY)
$13,517,734
Total liabilities (EOY)
$0
Net assets (EOY)
$13,517,734
Employer contributions
$1,058,025
Participant contributions
$2,764,532
Total income / additions
$6,851,643
Benefits paid
$6,176,638
Administrative expenses
$77,156
Total expenses
$6,253,794
Net increase / (decrease)
$597,849
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $67.5K · Indirect $0
  2. 2
    RECORDKEEPER · Direct $9K
  3. 3
    INVESTMENT MGMT · Direct $701

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240820135938NAL0006019954001 cover?
It is the 2023 Form 5500 filing for Offerpad, LLC 401(K) Plan, reported by Offerpad, LLC (EIN 32-0469112).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages