2023 Form 5500 filing — Peter Paul Electronics Company, Inc. 401(K) 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 20240916070311NAL0001776752001) for Peter Paul Electronics Company, Inc. 401(K) Profit Sharing Plan, reported by Peter Paul Electronics Co., Inc. under EIN 06-0811946 and plan number 001. It reports 148 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916070311NAL0001776752001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peter Paul Electronics Co., Inc.
- EIN
- 06-0811946
- Plan number
- 001
- Location
- New Britain, CT
- Participants
- 148
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,671,719
- Total liabilities (EOY)
- $9,054
- Net assets (EOY)
- $6,662,665
- Employer contributions
- $68,500
- Participant contributions
- $386,423
- Total income / additions
- $1,278,402
- Benefits paid
- $1,118,229
- Administrative expenses
- $44,132
- Total expenses
- $1,171,355
- Net increase / (decrease)
- $107,047
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower | RECORDKEEPER | $21,199 | $0 |
| Smith Brothers | INVESTMENT ADVISOR | $15,909 | not reported in the loaded dataset |
| Pension Consultants Inc | CONTRACT ADMIN | $5,000 | $6,364 |
| Advised Assets Group | INVESTMENT MGMT | $2,024 | not reported in the loaded dataset |