2023 Form 5500 filing — Palmer Group Employee Stock Ownership 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 20241001150911NAL0004130579001) for Palmer Group Employee Stock Ownership Plan, reported by Palmer Companies, Inc. under EIN 42-1480932 and plan number 002. It reports 250 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17.3MReported net assets$17,256,662
Participants250
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241001150911NAL0004130579001
Plan sponsor
Palmer Companies, Inc.
EIN
42-1480932
Plan number
002
Location
West Des Moines, IA
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)$26.4M total assets
Net assets$17.3MLiabilities$9.1M
Money in vs. money out
Total income / additions$6.8M
Total expenses$643K
Benefits paid / distributions$423.9K
Contributions
Employer$1.4M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$26,373,304
Total liabilities (EOY)
$9,116,642
Net assets (EOY)
$17,256,662
Employer contributions
$1,380,757
Total income / additions
$6,755,655
Benefits paid
$423,904
Administrative expenses
$200
Total expenses
$643,009
Net increase / (decrease)
$6,112,646

Related Form 5500 pages