2023 Form 5500 filing — Perspectives Corporation 401k Savings 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 20241004091349NAL0006540403001) for Perspectives Corporation 401k Savings Plan, reported by Perspectives Corporation under EIN 05-0376486 and plan number 001. It reports 565 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004091349NAL0006540403001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Perspectives Corporation
- EIN
- 05-0376486
- Plan number
- 001
- Location
- North Kingstown, RI
- Participants
- 565
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,185,666
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,185,666
- Employer contributions
- $448,482
- Participant contributions
- $720,937
- Total income / additions
- $4,734,611
- Benefits paid
- $1,877,759
- Administrative expenses
- $88,495
- Total expenses
- $1,966,254
- Net increase / (decrease)
- $2,768,357
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $40,391 | $0 |
| J W Thompson Investments | INVESTMENT ADVISOR | $29,623 | not reported in the loaded dataset |
| Clifton Larson Allen Llp | AUDITING | $18,480 | not reported in the loaded dataset |
| National Financial Services | BROKER | $0 | $0 |