2023 Form 5500 filing — Patrick Employee 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 20240926162712NAL0000942865001) for Patrick Employee 401(K) Plan, reported by Patrick Engineering, Inc. under EIN 36-3008281 and plan number 001. It reports 505 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926162712NAL0000942865001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Patrick Engineering, Inc.
- EIN
- 36-3008281
- Plan number
- 001
- Location
- Lisle, IL
- Participants
- 505
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,337,414
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,337,414
- Employer contributions
- $625,874
- Participant contributions
- $2,860,296
- Total income / additions
- $9,462,753
- Benefits paid
- $5,565,520
- Administrative expenses
- $91,957
- Total expenses
- $5,657,477
- Net increase / (decrease)
- $3,805,276
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services | SERVICE PROVIDER | $0 | $50,000 |
| Morningstar Investment Mangement | INVESTMENT ADVISORY | $40,269 | not reported in the loaded dataset |
| Ascensus C/O Futureplan | THIRD PARTY ADMINISTRATO | $0 | $17,859 |