Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › LiftFund Funding
LiftFund Funding 401(k)
- Finance and insurance
- San Antono, TX
- EIN 74-2712770
- 1 plan with Schedule H financials
- Plan year 2023
- LiftFund Funding, LLC
- filed as Liftfund, Inc.
Administrative expenses excluding investment management, per participant · Liftfund, Inc. 401(k) Profit Sharing Plan · plan year 2023
$127.61
Higher than 63% of the 17,126 plans $1 to 10M that report it.
Source
= $20,801 / 163
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250408133123NAL0018070913001, received 2025-04-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250408133123NAL0018070913001, received 2025-04-08
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-07-01 to 2024-06-30, filing received 2025-04-08.
Cost and contributions
Administrative expenses per participant
$127.61
Higher than 48% of the 17,762 plans $1 to 10M that report it.
Source
= $20,801 / 163
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250408133123NAL0018070913001, received 2025-04-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250408133123NAL0018070913001, received 2025-04-08
Administrative expenses as a share of assets
0.368%
Higher than 39% of the 17,798 plans $1 to 10M that report it.
Source
= $20,801 / $5,656,962
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250408133123NAL0018070913001, received 2025-04-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250408133123NAL0018070913001, received 2025-04-08
Employer contributions per participant
$2,465
Higher than 85% of the 15,688 plans $1 to 10M that report it.
Source
= $401,758 / 163
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250408133123NAL0018070913001, received 2025-04-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250408133123NAL0018070913001, received 2025-04-08
Employer share of total contributions
40.5%
Higher than 86% of the 15,721 plans $1 to 10M that report it.
Source
= $401,758 / $991,654
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250408133123NAL0018070913001, received 2025-04-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250408133123NAL0018070913001, received 2025-04-08
Plan terms, as stated in LiftFund Funding, LLC's SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250408133123NAL0018070913001, received 2025-04-08
Full record, Liftfund, Inc. 401(k) Profit Sharing Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LIFTFUND, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Plan name | LIFTFUND, INC. 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Sponsor EIN / plan number | 74-2712770 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Sponsor location | SAN ANTONO, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Industry (business code) | 522291, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Plan year | 2023-07-01 to 2024-06-30 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Filing received | 2025-04-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Participants, beginning of year | 161 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Active participants | 84 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Participants, end of year | 165 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Participants with an account balance | 163 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total assets, beginning of year | $4,808,771 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total assets, end of year | $5,656,962 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Net assets, end of year | $5,656,962 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total income | $1,765,752 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Net income | $848,191 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Employer contributions | $401,758 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Participant contributions | $483,354 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Other contributions (incl. rollovers) | $106,542 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total contributions | $991,654 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Benefit payments | $886,041 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total expenses (incl. benefit payments) | $917,561 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Total administrative expenses | $20,801 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Contract administrator fees | $20,801 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Recordkeeping fees | $0 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Administrative expenses excluding investment management | $20,801 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Held in common/collective trusts | $4,128,274 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Held in mutual funds | $1,361,563 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250408133123NAL0018070913001, received 2025-04-08 |
| Independent auditor | CJ CPAS | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250408133123NAL0018070913001, received 2025-04-08 |
Position = column in the DOL layout for form year 2023. Filing 20250408133123NAL0018070913001, received 2025-04-08.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICArecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $17,880 | yes |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | 28 Investment management | $2,921 | no |
| SWBC INVESTMENT SERVICES LLC | BROKER/ADVISER | 55 Other commissions | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250408133123NAL0018070913001, received 2025-04-08.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Alerts, claims and corrections
Sponsor name as filed: LIFTFUND, INC.; SEC registrant: LiftFund Funding, LLC (CIK 1737621, matched by EIN).