2023 Form 5500 filing — Murphy Family Ventures, 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 20241011073605NAL0043558770001) for Murphy Family Ventures, LLC 401(K) Plan, reported by Murphy Family Ventures, LLC under EIN 03-0542650 and plan number 001. It reports 864 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011073605NAL0043558770001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Murphy Family Ventures, LLC
- EIN
- 03-0542650
- Plan number
- 001
- Location
- Wallace, NC
- Participants
- 864
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,072,793
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,072,793
- Employer contributions
- $448,698
- Participant contributions
- $1,177,471
- Total income / additions
- $5,525,513
- Benefits paid
- $1,130,714
- Administrative expenses
- $93,204
- Total expenses
- $1,323,573
- Net increase / (decrease)
- $4,201,940
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Workplace Services LLC | PLAN ADMINISTRATOR | $50,905 | $0 |
| Lincoln Financial Group | OTHER SERVICES | $32,000 | not reported in the loaded dataset |
| Franklin Street Advisors | ADVISOR | $6,726 | not reported in the loaded dataset |