2023 Form 5500 filing — Professional Group Plans, Inc. 401(K) 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 20241008160943NAL0017949217001) for Professional Group Plans, Inc. 401(K) Plan, reported by Professional Group Plans, Inc. under EIN 11-3144545 and plan number 001. It reports 146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$28.1MReported net assets$28,056,297
Participants146
Provider compensation$128.3K3 Schedule C row(s)$128,348
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008160943NAL0017949217001
Plan sponsor
Professional Group Plans, Inc.
EIN
11-3144545
Plan number
001
Location
Hauppauge, NY
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$28.1M total assets
Net assets$28.1MLiabilities$0
Money in vs. money out
Total income / additions$6.5M
Total expenses$1M
Benefits paid / distributions$887.9K
Contributions
Employer$607.7K
Participant$1.3M
Full reported line items
Total assets (EOY)
$28,056,297
Total liabilities (EOY)
$0
Net assets (EOY)
$28,056,297
Employer contributions
$607,731
Participant contributions
$1,311,825
Total income / additions
$6,506,012
Benefits paid
$887,940
Administrative expenses
$116,276
Total expenses
$1,004,216
Net increase / (decrease)
$5,501,796
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $72.2K · Indirect $0
  2. 2
    INVESTMENT ADVISOR · Direct $43.7K
  3. 3
    THIRD PARTY ADMIN. · Direct $350 · Indirect $12.1K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241008160943NAL0017949217001 cover?
It is the 2023 Form 5500 filing for Professional Group Plans, Inc. 401(K) Plan, reported by Professional Group Plans, Inc. (EIN 11-3144545).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages