2023 Form 5500 filing — Prince Group 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 20240903105258NAL0030691696001) for Prince Group 401(K) Plan, reported by Prince Group, Inc. under EIN 38-3382187 and plan number 001. It reports 215 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$7.9MReported net assets$7,855,265
Participants215
Provider compensation$47K2 Schedule C row(s)$46,997
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240903105258NAL0030691696001
- Plan sponsor
- Prince Group, Inc.
- EIN
- 38-3382187
- Plan number
- 001
- Location
- Mills River, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$7.9M total assets
Net assets$7.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $7,855,265
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,855,265
- Employer contributions
- $52,946
- Participant contributions
- $273,864
- Total income / additions
- $1,565,460
- Benefits paid
- $299,419
- Administrative expenses
- $37,868
- Total expenses
- $337,287
- Net increase / (decrease)
- $1,228,173
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,868 | $0 |
| Principal Securities Inc | INVESTMENT ADVISORY | $0 | $9,129 |