2023 Form 5500 filing — Palmer 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 20240924141818NAL0004749427001) for Palmer Group 401(K) Plan, reported by Palmer Companies, Inc. under EIN 42-1480932 and plan number 001. It reports 234 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924141818NAL0004749427001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Palmer Companies, Inc.
- EIN
- 42-1480932
- Plan number
- 001
- Location
- West Des Moines, IA
- Participants
- 234
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,961,360
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,961,360
- Employer contributions
- $0
- Participant contributions
- $820,684
- Total income / additions
- $2,563,350
- Benefits paid
- $1,715,028
- Administrative expenses
- $51,206
- Total expenses
- $1,770,765
- Net increase / (decrease)
- $792,585
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ommonwealth Equity Services LLC | INVESTMENT ADVISOR | $32,173 | $0 |
| Mcgowen Hurst Clark And Smith Pc | OTHER | $10,000 | $0 |
| Paco Inc | CONTRACT ADMIN | $8,153 | $0 |