Factor Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs Holdings) — Form 5500 plan (Factor Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs)
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 Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs Holdings) is a benefit plan reported by Factor Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs under EIN 83-3780685 and plan number 001. The latest loaded filing year is 2023. The filing reports 859 participants and $49,073,417 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Factor Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs
- EIN
- 83-3780685
- Plan number
- 001
- Plan type
- 2
- Location
- Lawrenceville, NJ
- Latest filing year
- 2023
- Participants
- 859
- End-of-year plan assets
- $49,073,417
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 859 | H, C | 20241015104530NAL0016169219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,073,417
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,073,417
- Net assets (BOY)
- $40,928,987
Income & contributions
- Employer contributions
- $2,027,270
- Participant contributions
- $6,401,678
- Total contributions
- $8,922,946
- Total income / additions
- $16,479,403
Expenses & distributions
- Benefits paid
- $8,266,991
- Administrative expenses
- $62,814
- Total expenses
- $8,334,973
- Net increase / (decrease)
- $8,144,430
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide Insurance | TRUST RECORDKEEPER | $116,000 | $0 | 2023 |
| Mml Insurance Agency | INVESTMENT ADVISOR | $0 | $25,825 | 2023 |
| Creative Planning | INVESTMENT ADVISOR | $22,507 | not reported in the loaded dataset | 2023 |
| Envestnet Retirement Solutions | INVESTEMENT ADVISOR | $5,075 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Factor Systems, LLC. Dba Billtrust (A Wholly Owned Subsidiary Of Btrs
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Lawrenceville, NJ
- Nationwide Insurance — Schedule C compensation
- Mml Insurance Agency — Schedule C compensation
- Creative Planning — Schedule C compensation
- Envestnet Retirement Solutions — Schedule C compensation