2023 Form 5500 filing — Palnet 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240715114547NAL0001202001001) for Palnet 401(K) Plan, reported by Premier Asset Logistics Network LLC under EIN 20-1470266 and plan number 001. It reports 165 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240715114547NAL0001202001001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Premier Asset Logistics Network LLC
- EIN
- 20-1470266
- Plan number
- 001
- Location
- Williamstown, NJ
- Participants
- 165
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $28,140
- Participant contributions
- $39,700
- Total income / additions
- $256,938
- Benefits paid
- $198,234
- Administrative expenses
- $15,546
- Total expenses
- $213,780
- Net increase / (decrease)
- $43,158
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $8,678 | $3,036 |
| Meeder Investment Management | INVEST MGMT | $6,867 | not reported in the loaded dataset |
| Silver Oak Securities | INVEST MGMT | $0 | $4,000 |