2023 Form 5500 filing — Priority 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 20241010083015NAL0011300051001) for Priority 401(K)/Profit Sharing Plan, reported by Priority Acquisition Company LLC under EIN 85-4091454 and plan number 001. It reports 137 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010083015NAL0011300051001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Priority Acquisition Company LLC
- EIN
- 85-4091454
- Plan number
- 001
- Location
- Sheboygan, WI
- Participants
- 137
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,697,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,697,063
- Employer contributions
- $243,527
- Participant contributions
- $618,523
- Total income / additions
- $1,815,390
- Benefits paid
- $492,095
- Administrative expenses
- $7,043
- Total expenses
- $499,138
- Net increase / (decrease)
- $1,316,252
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Clearing Services LLC | SERVICE PROVIDER | $0 | $12,209 |
| Voya Retirement Ins. & Annuity | SERVICE PROVIDER | $0 | $0 |