2023 Form 5500 filing — New Era Technology, Inc. Welfare Benefit 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 20250902103613NAL0014320001001) for New Era Technology, Inc. Welfare Benefit Plan, reported by New Era Technology, Inc. under EIN 46-3078820 and plan number 501. It reports 1,483 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250902103613NAL0014320001001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- New Era Technology, Inc.
- EIN
- 46-3078820
- Plan number
- 501
- Location
- West Chester, PA
- Participants
- 1,483
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,234,531
- Total liabilities (EOY)
- $2,595,896
- Net assets (EOY)
- -$1,361,365
- Employer contributions
- $14,231,643
- Participant contributions
- $4,585,364
- Total income / additions
- $18,861,044
- Benefits paid
- $17,080,683
- Administrative expenses
- $4,244,525
- Total expenses
- $21,325,208
- Net increase / (decrease)
- -$2,464,164
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Independence Administrators | ADMIN | $840,509 | not reported in the loaded dataset |
| The Benecon Group, LLC | BROKER | $189,680 | not reported in the loaded dataset |
| Beneserv, A Division Of Onedigital | BROKER | $90,157 | not reported in the loaded dataset |
| Connectcare3 | PATIENT ADVOCATE | $57,085 | not reported in the loaded dataset |