2023 Form 5500 filing — Palumbo & Associates Profit Sharing 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 20240730133008NAL0043874834005) for Palumbo & Associates Profit Sharing Plan, reported by Law Office Of Palumbo, Palumbo & Lovelace, LLC under EIN 52-2352912 and plan number 005. It reports 5 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$3.2MReported net assets$3,150,241
Participants5
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
- EFAST2 acknowledgement
- 20240730133008NAL0043874834005
- Plan sponsor
- Law Office Of Palumbo, Palumbo & Lovelace, LLC
- EIN
- 52-2352912
- Plan number
- 005
- Location
- Fort Washington, MD
- Received date
- not reported in the loaded dataset
Schedule I · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$3.2M total assets
Net assets$3.2MLiabilities—
Full reported line items
- Total assets (EOY)
- $3,150,241
- Net assets (EOY)
- $3,150,241
- Employer contributions
- $117,915
- Total income / additions
- $516,893
- Administrative expenses
- $5,445
- Total expenses
- $5,445
- Net increase / (decrease)
- $511,448