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, Newsmax Media 401(K) Plan is a benefit plan reported by Newsmax Media, Inc. under EIN 65-0855199 and plan number 001. The latest loaded filing year is 2023. The filing reports 417 participants and $12,928,977 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,928,977
- Net assets (EOY)
- $12,928,977
- Net assets (BOY)
- $8,953,596
Income & contributions
- Employer contributions
- $890,985
- Participant contributions
- $1,966,261
- Total contributions
- $2,884,303
- Total income / additions
- $4,773,592
Expenses & distributions
- Benefits paid
- $752,242
- Administrative expenses
- $45,969
- Total expenses
- $798,211
- Net increase / (decrease)
- $3,975,381