2023 Form 5500 filing — Palmer Holland, Inc. Profit Sharing Plan & Trust
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 20241002132959NAL0004039091001) for Palmer Holland, Inc. Profit Sharing Plan & Trust, reported by Palmer Holland, Inc. under EIN 34-0764574 and plan number 001. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002132959NAL0004039091001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Palmer Holland, Inc.
- EIN
- 34-0764574
- Plan number
- 001
- Location
- Westlake, OH
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,440,553
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,440,553
- Employer contributions
- $1,013,695
- Participant contributions
- $2,072,509
- Total income / additions
- $9,524,677
- Benefits paid
- $2,360,813
- Administrative expenses
- $85,146
- Total expenses
- $2,445,959
- Net increase / (decrease)
- $7,078,718
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services, Inc. | INVESTMENT ADVISOR | $58,701 | not reported in the loaded dataset |
| John Hancock | RETAINED BY EMPLOYER | $26,445 | $0 |