2023 Form 5500 filing — Social Finance, Inc. 403(B) 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 20241009132141NAL0010651795001) for Social Finance, Inc. 403(B) Plan, reported by Social Finance, Inc. under EIN 27-4620963 and plan number 001. It reports 149 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)$8.9MReported net assets$8,899,212
Participants149
Provider compensation$9K2 Schedule C row(s)$8,980
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009132141NAL0010651795001
- Plan sponsor
- Social Finance, Inc.
- EIN
- 27-4620963
- Plan number
- 001
- Location
- Boston, MA
- 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)$8.9M total assets
Net assets$8.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $8,899,212
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,899,212
- Employer contributions
- $404,222
- Participant contributions
- $1,409,373
- Total income / additions
- $3,279,865
- Benefits paid
- $264,066
- Administrative expenses
- $8,980
- Total expenses
- $273,046
- Net increase / (decrease)
- $3,006,819
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Trust Company, LLC | RECORDKEEPER | $8,190 | not reported in the loaded dataset |
| Ascensus, LLC | RECORDKEEPER | $790 | not reported in the loaded dataset |