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, Finance Factors 401(K) is a benefit plan reported by Finance Factors, Ltd. under EIN 99-0077649 and plan number 001. The latest loaded filing year is 2023. The filing reports 272 participants and $34,561,274 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,561,274
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,561,274
- Net assets (BOY)
- $35,637,439
Income & contributions
- Employer contributions
- $229,455
- Participant contributions
- $991,443
- Total contributions
- $1,249,504
- Total income / additions
- $5,425,616
Expenses & distributions
- Benefits paid
- $6,384,034
- Administrative expenses
- $111,333
- Total expenses
- $6,501,781
- Net increase / (decrease)
- -$1,076,165