Textnow 401(K) Plan — Form 5500 plan (Textnow, 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, Textnow 401(K) Plan is a benefit plan reported by Textnow, Inc under EIN 47-1917040 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $6,710,311 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Textnow, Inc
- EIN
- 47-1917040
- Plan number
- 001
- Plan type
- 2
- Location
- San Mateo, CA
- Latest filing year
- 2023
- Participants
- 186
- End-of-year plan assets
- $6,710,311
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 186 | H, C | 20260210112907NAL0002850528001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,710,311
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,710,311
- Net assets (BOY)
- $3,583,173
Income & contributions
- Employer contributions
- $656,316
- Participant contributions
- $1,365,622
- Total contributions
- $2,673,741
- Total income / additions
- $3,618,990
Expenses & distributions
- Benefits paid
- $459,773
- Administrative expenses
- $26,967
- Total expenses
- $491,852
- Net increase / (decrease)
- $3,127,138
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliant Insurance Services Inc Dba | INVESTMENT ADVISOR | $17,009 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $9,601 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $357 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Textnow, Inc
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Mateo, CA
- Alliant Insurance Services Inc Dba — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation