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, Drip Global, Inc. 401k Plan is a benefit plan reported by Drip Global, Inc. under EIN 26-3861881 and plan number 001. The latest loaded filing year is 2023. The filing reports 192 participants and $4,985,512 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,985,512
- Net assets (EOY)
- $4,985,512
- Net assets (BOY)
- $4,264,597
Income & contributions
- Employer contributions
- $190,831
- Participant contributions
- $547,477
- Total contributions
- $744,886
- Total income / additions
- $1,575,685
Expenses & distributions
- Benefits paid
- $816,547
- Administrative expenses
- $17,460
- Total expenses
- $854,770
- Net increase / (decrease)
- $720,915