2023 Form 5500 filing — Liftfund, Inc. 401(K) 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 20250408133123NAL0018070913001) for Liftfund, Inc. 401(K) Profit Sharing Plan, reported by Liftfund, Inc. under EIN 74-2712770 and plan number 001. It reports 161 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)$5.7MReported net assets$5,656,962
Participants161
Provider compensation$45.4K3 Schedule C row(s)$45,351
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250408133123NAL0018070913001
- Plan sponsor
- Liftfund, Inc.
- EIN
- 74-2712770
- Plan number
- 001
- Location
- San Antono, TX
- 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)$5.7M total assets
Net assets$5.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,656,962
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,656,962
- Employer contributions
- $401,758
- Participant contributions
- $483,354
- Total income / additions
- $1,765,752
- Benefits paid
- $886,041
- Administrative expenses
- $20,801
- Total expenses
- $917,561
- Net increase / (decrease)
- $848,191
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Swbc Investment Services LLC | BROKER/ADVISER | $0 | $24,550 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $17,880 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,921 | not reported in the loaded dataset |