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, Faithlife 401(K) Plan is a benefit plan reported by Faithlife, LLC under EIN 22-3147956 and plan number 001. The latest loaded filing year is 2023. The filing reports 541 participants and $28,054,047 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,054,047
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,054,047
- Net assets (BOY)
- $23,927,515
Income & contributions
- Employer contributions
- $1,124,396
- Participant contributions
- $2,397,989
- Total contributions
- $3,750,515
- Total income / additions
- $8,091,225
Expenses & distributions
- Benefits paid
- $3,952,099
- Administrative expenses
- -$6,525
- Total expenses
- $3,964,693
- Net increase / (decrease)
- $4,126,532