Shift Technologies 401(K) Plan — Form 5500 plan (Shift Technologies, 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, Shift Technologies 401(K) Plan is a benefit plan reported by Shift Technologies, Inc. under EIN 46-4260979 and plan number 001. The latest loaded filing year is 2023. The filing reports 896 participants and $6,830,635 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Shift Technologies, Inc.
EIN
46-4260979
Plan number
001
Plan type
2
Location
San Francisco, CA
Latest filing year
2023
Participants
896
End-of-year plan assets
$6,830,635

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023896H, C20251210185606NAL0005515921001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,830,635
Total liabilities (EOY)
$0
Net assets (EOY)
$6,830,635
Net assets (BOY)
$9,822,235

Income & contributions

Employer contributions
$997
Participant contributions
$1,594,959
Total contributions
$1,660,249
Total income / additions
$3,483,368

Expenses & distributions

Benefits paid
$9,976,977
Administrative expenses
$182,632
Total expenses
$10,164,835
Net increase / (decrease)
-$6,681,467

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$154,812$02023
Trucker Huss ApcATTORNEY/LEGAL$27,820not reported in the loaded dataset2023

Related Form 5500 pages