2023 Form 5500 filing — Prime Electrical 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 20241009164914NAL0018775169001) for Prime Electrical 401(K) Profit Sharing Plan, reported by Prime Electrical Services, Inc. under EIN 71-0912205 and plan number 001. It reports 147 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009164914NAL0018775169001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prime Electrical Services, Inc.
- EIN
- 71-0912205
- Plan number
- 001
- Location
- San Marcos, CA
- Participants
- 147
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,855,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,855,880
- Employer contributions
- $0
- Participant contributions
- $620,380
- Total income / additions
- $1,072,354
- Benefits paid
- $450,450
- Administrative expenses
- $27,697
- Total expenses
- $478,147
- Net increase / (decrease)
- $594,207
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $25,022 | $0 |
| Hicks Pension Services | TPA | $2,675 | $0 |