2023 Form 5500 filing — Factor 401(K) Retirement 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 20241009140251NAL0009290371001) for Factor 401(K) Retirement Plan, reported by Factor Law Inc. under EIN 83-3433229 and plan number 001. It reports 205 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009140251NAL0009290371001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Factor Law Inc.
- EIN
- 83-3433229
- Plan number
- 001
- Location
- Chicago, IL
- Participants
- 205
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,461,743
- Net assets (EOY)
- $5,461,743
- Employer contributions
- $200,431
- Participant contributions
- $1,209,164
- Total income / additions
- $2,277,491
- Benefits paid
- $1,288,968
- Administrative expenses
- $30,103
- Total expenses
- $1,359,502
- Net increase / (decrease)
- $917,989
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rothschild Investment Corp | INVESTMENT ADVISOR | $11,962 | $0 |
| Empower Life & Annuity Insurance | RECORDKEEPER | $8,609 | $0 |
| Empower Advisory Group LLC | INVESTMENT MANAGER | $3,807 | $0 |
| E.R.I.S.A, Inc. | CONTRACT ADM MFG | $1,345 | $0 |