Factor 401(K) Retirement Plan — Form 5500 plan (Factor Law 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, Factor 401(K) Retirement Plan is a benefit plan reported by Factor Law Inc. under EIN 83-3433229 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $5,461,743 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Factor Law Inc.
- EIN
- 83-3433229
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 205
- End-of-year plan assets
- $5,461,743
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 205 | H, C | 20241009140251NAL0009290371001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,461,743
- Net assets (EOY)
- $5,461,743
- Net assets (BOY)
- $4,543,754
Income & contributions
- Employer contributions
- $200,431
- Participant contributions
- $1,209,164
- Total contributions
- $1,412,292
- Total income / additions
- $2,277,491
Expenses & distributions
- Benefits paid
- $1,288,968
- Administrative expenses
- $30,103
- Total expenses
- $1,359,502
- Net increase / (decrease)
- $917,989
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rothschild Investment Corp | INVESTMENT ADVISOR | $11,962 | $0 | 2023 |
| Empower Life & Annuity Insurance | RECORDKEEPER | $8,609 | $0 | 2023 |
| Empower Advisory Group LLC | INVESTMENT MANAGER | $3,807 | $0 | 2023 |
| E.R.I.S.A, Inc. | CONTRACT ADM MFG | $1,345 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Factor Law Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Rothschild Investment Corp — Schedule C compensation
- Empower Life & Annuity Insurance — Schedule C compensation
- Empower Advisory Group LLC — Schedule C compensation
- E.R.I.S.A, Inc. — Schedule C compensation