2023 Form 5500 filing — Phd, Inc. 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 20240903104135NAL0009177443001) for Phd, Inc. Profit Sharing Plan, reported by Partners Hair Design Group, Inc. under EIN 54-1462492 and plan number 001. It reports 313 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903104135NAL0009177443001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Partners Hair Design Group, Inc.
- EIN
- 54-1462492
- Plan number
- 001
- Location
- Mclean, VA
- Participants
- 313
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,655,094
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,655,094
- Employer contributions
- $70,362
- Participant contributions
- $706,801
- Total income / additions
- $2,745,492
- Benefits paid
- $531,688
- Administrative expenses
- $51,317
- Total expenses
- $593,929
- Net increase / (decrease)
- $2,151,563
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $27,562 | $0 |
| Truist Advisory Services Inc | INVESTMENT ADVISOR | $23,755 | not reported in the loaded dataset |