2023 Form 5500 filing — Primeritus Financial Services Inc. 401k 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 20240812112509NAL0005130163001) for Primeritus Financial Services Inc. 401k Profit Sharing Plan, reported by Primeritus Financial Services, Inc. under EIN 45-4418687 and plan number 001. It reports 494 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812112509NAL0005130163001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Primeritus Financial Services, Inc.
- EIN
- 45-4418687
- Plan number
- 001
- Location
- Nashville, TN
- Participants
- 494
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,628,302
- Total liabilities (EOY)
- $250
- Net assets (EOY)
- $7,628,052
- Employer contributions
- $209,809
- Participant contributions
- $760,633
- Total income / additions
- $2,220,369
- Benefits paid
- $2,880,266
- Administrative expenses
- $91,237
- Total expenses
- $2,971,503
- Net increase / (decrease)
- -$751,134
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $41,485 | $0 |
| Access Retirement Services | TPA | $20,446 | not reported in the loaded dataset |
| Janney Montgomery Scott LLC | AUDITOR | $14,186 | not reported in the loaded dataset |
| Lbmc Pc | AUDITOR | $13,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,096 | not reported in the loaded dataset |