2023 Form 5500 filing — Prides Corner Farms, Inc. Employees 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 20240918144254NAL0004726561001) for Prides Corner Farms, Inc. Employees Profit Sharing Plan, reported by Prides Corner Farms, Inc. under EIN 06-0952438 and plan number 001. It reports 551 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918144254NAL0004726561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prides Corner Farms, Inc.
- EIN
- 06-0952438
- Plan number
- 001
- Location
- Lebanon, CT
- Participants
- 551
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,863,960
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,863,960
- Employer contributions
- $112,927
- Participant contributions
- $631,842
- Total income / additions
- $1,707,168
- Benefits paid
- $156,836
- Administrative expenses
- $85,191
- Total expenses
- $289,631
- Net increase / (decrease)
- $1,417,537
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $25,148 | $0 |
| Smith Brothers Financial LLC | INVESTMENT ADVISOR | $21,396 | not reported in the loaded dataset |
| Pension Consultants Inc. | CONTRACT ADMIN | $7,315 | $7,697 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $3,891 | not reported in the loaded dataset |