Nationshearing LLC 401k Profit Sharing Plan Trust — Form 5500 plan (Nationsbenefits LLC)
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, Nationshearing LLC 401k Profit Sharing Plan Trust is a benefit plan reported by Nationsbenefits LLC under EIN 47-4660944 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,156 participants and $5,612,956 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.6MPlan net assets, end of year$5,612,956
Participants2.2KCovered participants reported2,156
Assets / participant$2.6KComputed: assets ÷ participants$2,603 (computed)
Provider compensation$97.4K1 Schedule C provider row(s)$97,441
- Plan sponsor
- Nationsbenefits LLC
- EIN
- 47-4660944
- Plan number
- 001
- Plan type
- 2
- Location
- Plantation, FL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,156 | H, C | 20240930051406NAL0002442675001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,612,956
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,612,956
- Net assets (BOY)
- $3,583,817
Income & contributions
- Participant contributions
- $2,875,808
- Total contributions
- $3,198,819
- Total income / additions
- $3,956,734
Expenses & distributions
- Benefits paid
- $1,794,836
- Administrative expenses
- $97,441
- Total expenses
- $1,927,595
- Net increase / (decrease)
- $2,029,139
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets34%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $97,441 | $0 | 2023 |