2023 Form 5500 filing — Powers Of Arkansas, Inc. 401(K) Profit Sharing Plan And 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 20241008131542NAL0029986640001) for Powers Of Arkansas, Inc. 401(K) Profit Sharing Plan And Trust, reported by Powers Of Arkansas, Inc. under EIN 71-0606308 and plan number 001. It reports 201 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008131542NAL0029986640001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Powers Of Arkansas, Inc.
- EIN
- 71-0606308
- Plan number
- 001
- Location
- North Little Rock, AR
- Participants
- 201
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,932,272
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,932,272
- Employer contributions
- $591,133
- Participant contributions
- $976,728
- Total income / additions
- $2,688,143
- Benefits paid
- $751,512
- Administrative expenses
- $50,425
- Total expenses
- $801,937
- Net increase / (decrease)
- $1,886,206
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prime Capital Investment Advisors | ADVISOR | $23,675 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $22,922 | $0 |