Plain-English plan 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, New American Funding, LLC 401(K) Plan is a benefit plan reported by New American Funding, LLC under EIN 01-0726495 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,227 participants and $121,056,472 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $121,056,472
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $121,056,472
- Net assets (BOY)
- $97,820,750
Income & contributions
- Employer contributions
- $2,412,458
- Participant contributions
- $14,974,291
- Total contributions
- $24,930,473
- Total income / additions
- $42,407,855
Expenses & distributions
- Benefits paid
- $18,386,756
- Administrative expenses
- $279,438
- Total expenses
- $19,169,862
- Net increase / (decrease)
- $23,237,993