New Era Technology, Inc. Welfare Benefit Plan — Form 5500 plan (New Era Technology, 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, New Era Technology, Inc. Welfare Benefit Plan is a benefit plan reported by New Era Technology, Inc. under EIN 46-3078820 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,483 participants and $1,234,531 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- New Era Technology, Inc.
- EIN
- 46-3078820
- Plan number
- 501
- Plan type
- 2
- Location
- West Chester, PA
- Latest filing year
- 2023
- Participants
- 1,483
- End-of-year plan assets
- $1,234,531
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,483 | H, C | 20250902103613NAL0014320001001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,234,531
- Total liabilities (EOY)
- $2,595,896
- Net assets (EOY)
- -$1,361,365
- Net assets (BOY)
- $1,102,799
Income & contributions
- Employer contributions
- $14,231,643
- Participant contributions
- $4,585,364
- Total contributions
- $18,817,007
- Total income / additions
- $18,861,044
Expenses & distributions
- Benefits paid
- $17,080,683
- Administrative expenses
- $4,244,525
- Total expenses
- $21,325,208
- Net increase / (decrease)
- -$2,464,164
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Independence Administrators | ADMIN | $840,509 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $189,680 | not reported in the loaded dataset | 2023 |
| Beneserv, A Division Of Onedigital | BROKER | $90,157 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $57,085 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for New Era Technology, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in West Chester, PA
- Independence Administrators — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Beneserv, A Division Of Onedigital — Schedule C compensation
- Connectcare3 — Schedule C compensation