2023 Form 5500 filing — National Funding, 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 20240920190952NAL0013941648001) for National Funding, Inc. 401(K) Plan, reported by National Funding, Inc. under EIN 95-4724281 and plan number 001. It reports 382 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)$14.1MReported net assets$14,089,076
Participants382
Provider compensation$69.8K3 Schedule C row(s)$69,788
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240920190952NAL0013941648001
Plan sponsor
National Funding, Inc.
EIN
95-4724281
Plan number
001
Location
San Diego, CA
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)$14.1M total assets
Net assets$14.1MLiabilities$0
Money in vs. money out
Total income / additions$5.4M
Total expenses$809.2K
Benefits paid / distributions$712.1K
Contributions
Employer$866.3K
Participant$2.3M
Full reported line items
Total assets (EOY)
$14,089,076
Total liabilities (EOY)
$0
Net assets (EOY)
$14,089,076
Employer contributions
$866,303
Participant contributions
$2,271,771
Total income / additions
$5,439,900
Benefits paid
$712,113
Administrative expenses
$68,653
Total expenses
$809,241
Net increase / (decrease)
$4,630,659

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Merrill Lynch Pierce Fenner & SmithCONSULTANT$39,431$678
Principal Life Insurance CompanyCONTRACT ADMIN$29,098$0
San Diego Pension ConsultantsOTHER SERVICES$0$581

Related Form 5500 pages