Net100 401k Plan — Form 5500 plan (Net100, Ltd.)

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, Net100 401k Plan is a benefit plan reported by Net100, Ltd. under EIN 54-1514882 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $9,794,871 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Net100, Ltd.
EIN
54-1514882
Plan number
001
Plan type
2
Location
Chantilly, VA
Latest filing year
2023
Participants
210
End-of-year plan assets
$9,794,871

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023210H, C20241015090314NAL0027894273001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,794,871
Total liabilities (EOY)
$0
Net assets (EOY)
$9,794,871
Net assets (BOY)
$8,943,841

Income & contributions

Participant contributions
$464,704
Total contributions
$467,034
Total income / additions
$1,944,521

Expenses & distributions

Benefits paid
$1,030,444
Administrative expenses
$63,047
Total expenses
$1,093,491
Net increase / (decrease)
$851,030

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$63,046$02023
Truist Advisory Services, Inc.INVESTMENT ADVISORY$0$18,0692023

Related Form 5500 pages