2023 Form 5500 filing — Drift Inc. Retirement Savings 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 20241009105032NAL0009122483001) for Drift Inc. Retirement Savings Plan, reported by Drift.Com, Inc. under EIN 47-1480962 and plan number 001. It reports 698 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009105032NAL0009122483001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Drift.Com, Inc.
- EIN
- 47-1480962
- Plan number
- 001
- Location
- Boston, MA
- Participants
- 698
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,510,494
- Net assets (EOY)
- $21,510,494
- Employer contributions
- $223,449
- Participant contributions
- $4,089,094
- Total income / additions
- $8,363,582
- Benefits paid
- $5,310,961
- Administrative expenses
- $103,044
- Total expenses
- $5,419,713
- Net increase / (decrease)
- $2,943,869
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Inst. Ops. Co. | RECORDKEEPER | $59,114 | not reported in the loaded dataset |
| Global Retirement Partners LLC | ADVISOR | $40,521 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $3,410 | not reported in the loaded dataset |