Foundever Operating Corporation 401(K) Plan — Form 5500 plan (Foundever Operating Corporation)

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, Foundever Operating Corporation 401(K) Plan is a benefit plan reported by Foundever Operating Corporation under EIN 16-1364816 and plan number 001. The latest loaded filing year is 2023. The filing reports 17,008 participants and $103,979,117 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Foundever Operating Corporation
EIN
16-1364816
Plan number
001
Plan type
2
Location
Nashville, TN
Latest filing year
2023
Participants
17,008
End-of-year plan assets
$103,979,117

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202317,008H, C20240731161448NAL0022659665001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$103,979,117
Total liabilities (EOY)
$0
Net assets (EOY)
$103,979,117
Net assets (BOY)
$35,163,095

Income & contributions

Employer contributions
$3,809,895
Participant contributions
$7,590,086
Total contributions
$13,605,485
Total income / additions
$26,644,407

Expenses & distributions

Benefits paid
$17,779,975
Administrative expenses
$490,353
Total expenses
$18,291,456
Net increase / (decrease)
$8,352,951

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$490,353$02023
Morgan Stanley Global Banking OperaINVESTMENT MANAGEMENT$0$70,0002023
Lbmc, PcOTHER SERVICES$0$17,6502023

Related Form 5500 pages