Paperless Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Paperless Inc.)
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, Paperless Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Paperless Inc. under EIN 26-3488606 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $10,862,225 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paperless Inc.
- EIN
- 26-3488606
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $10,862,225
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20240821141717NAL0002434899001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,862,225
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,862,225
- Net assets (BOY)
- $8,026,199
Income & contributions
- Employer contributions
- $383,425
- Participant contributions
- $903,827
- Total contributions
- $1,332,904
- Total income / additions
- $3,151,352
Expenses & distributions
- Benefits paid
- $275,246
- Administrative expenses
- $40,080
- Total expenses
- $315,326
- Net increase / (decrease)
- $2,836,026
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| B.Riley Wealth Advisors Inc | ADVISOR | $22,430 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $9,938 | $0 | 2023 |
| Leafhouse | INVESTMENT ADVISOR | $6,487 | not reported in the loaded dataset | 2023 |