New Era Cap, LLC Savings & Retirement Plan For Management And Administrative Employees — Form 5500 plan (New Era Cap, LLC)

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 Era Cap, LLC Savings & Retirement Plan For Management And Administrative Employees is a benefit plan reported by New Era Cap, LLC under EIN 16-0770131 and plan number 003. The latest loaded filing year is 2023. The filing reports 664 participants and $63,314,185 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$63.3MPlan net assets, end of year$63,314,185
Participants664Covered participants reported
Assets / participant$95.4KComputed: assets ÷ participants$95,353 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
New Era Cap, LLC
EIN
16-0770131
Plan number
003
Plan type
2
Location
Buffalo, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023664H, C20241007124649NAL0007579203001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$63.3M total assets
Net assets$63.3MLiabilities$0
Money in vs. money out
Total income / additions$15.3M
Total expenses$3.6M
Benefits paid / distributions$3.6M
Contributions
Employer$1.6M
Participant$3.5M
Full reported line items

Net assets

Total assets (EOY)
$63,314,185
Total liabilities (EOY)
$0
Net assets (EOY)
$63,314,185
Net assets (BOY)
$51,607,284

Income & contributions

Employer contributions
$1,593,255
Participant contributions
$3,524,251
Total contributions
$5,301,423
Total income / additions
$15,259,758

Expenses & distributions

Benefits paid
$3,591,307
Administrative expenses
-$38,450
Total expenses
$3,552,857
Net increase / (decrease)
$11,706,901

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER-$38,450$02023

Related Form 5500 pages