2023 Form 5500 filing — Principle Business Enterprises, Inc. 401(K) Profit Sharing 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 20241008131423NAL0016712673001) for Principle Business Enterprises, Inc. 401(K) Profit Sharing Plan, reported by Principle Business Enterprises, Inc. under EIN 34-0894745 and plan number 001. It reports 466 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008131423NAL0016712673001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Principle Business Enterprises, Inc.
- EIN
- 34-0894745
- Plan number
- 001
- Location
- Dunbridge, OH
- Participants
- 466
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,658,407
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,658,407
- Employer contributions
- $719,964
- Participant contributions
- $1,825,858
- Total income / additions
- $5,896,190
- Benefits paid
- $4,261,720
- Administrative expenses
- $96,975
- Total expenses
- $4,394,242
- Net increase / (decrease)
- $1,501,948
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Venture Visionary Partners LLC | INVESTMENT ADVISOR | $57,612 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $38,963 | $0 |
| Qdro Consultants Co LLC | CONSULTING | $400 | not reported in the loaded dataset |