2023 Form 5500 filing — Finance Factors 401(K)
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 20241011171000NAL0022404257001) for Finance Factors 401(K), reported by Finance Factors, Ltd. under EIN 99-0077649 and plan number 001. It reports 272 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011171000NAL0022404257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Finance Factors, Ltd.
- EIN
- 99-0077649
- Plan number
- 001
- Location
- Honolulu, HI
- Participants
- 272
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,561,274
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,561,274
- Employer contributions
- $229,455
- Participant contributions
- $991,443
- Total income / additions
- $5,425,616
- Benefits paid
- $6,384,034
- Administrative expenses
- $111,333
- Total expenses
- $6,501,781
- Net increase / (decrease)
- -$1,076,165
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $74,774 | $0 |
| Kkdly LLC | SERVICE PROVIDER | $28,691 | not reported in the loaded dataset |
| Finance Insurance Ltd | SERVICE PROVIDER | $7,868 | not reported in the loaded dataset |