2023 Form 5500 filing — Netgain Technology 401k/Profit Sharing 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 20241125162146NAL0003089891001) for Netgain Technology 401k/Profit Sharing Plan, reported by Netgain Technology, LLC. under EIN 41-1957109 and plan number 001. It reports 175 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)$8.4MReported net assets$8,409,597

Participants175

Provider compensation$17.2K6 Schedule C row(s)$17,177

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241125162146NAL0003089891001
Plan sponsor: Netgain Technology, LLC.
EIN: 41-1957109
Plan number: 001
Location: St. Cloud, MN
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$8.4M total assets

Net assets$8.4MLiabilities$0

Money in vs. money out

Total income / additions$2.1M

Total expenses$1.1M

Benefits paid / distributions$1.1M

Contributions

Employer$295K

Participant$637.5K

Full reported line items

Total assets (EOY): $8,409,597
Total liabilities (EOY): $0
Net assets (EOY): $8,409,597
Employer contributions: $294,996
Participant contributions: $637,464
Total income / additions: $2,140,153
Benefits paid: $1,050,183
Administrative expenses: $3,679
Total expenses: $1,053,862
Net increase / (decrease): $1,086,291

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$8.2K
CONTRACT ADMINISTRATOR · Direct $8.2K · Indirect $0
2
Principal Life Insurance Company$3.7K
CONTRACT ADMINISTRATOR · Direct $3.7K · Indirect $0
3
Principal Life Insurance Company$3.2K
CONTRACT ADMINISTRATOR · Direct $3.2K · Indirect $0
4
Principal Life Insurance Company$2.1K
CONTRACT ADMINISTRATOR · Direct $2.1K · Indirect $0
5
Wilshire Associates Incorporated$0
INVESTMENT ADVISORY · Direct $0 · Indirect $0
6
Wilshire Advisors LLC$0
INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241125162146NAL0003089891001 cover?: It is the 2023 Form 5500 filing for Netgain Technology 401k/Profit Sharing Plan, reported by Netgain Technology, LLC. (EIN 41-1957109).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).