2023 Form 5500 filing — Employees Primary 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 20241010102143NAL0020814225001) for Employees Primary 401(K) Plan, reported by Petroleum Transport Company, Inc. under EIN 56-0673428 and plan number 001. It reports 474 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010102143NAL0020814225001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Petroleum Transport Company, Inc.
- EIN
- 56-0673428
- Plan number
- 001
- Location
- Pilot Mountain, NC
- Participants
- 474
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,346,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,346,064
- Employer contributions
- $518,915
- Participant contributions
- $956,273
- Total income / additions
- $3,037,169
- Benefits paid
- $1,554,810
- Administrative expenses
- $30,483
- Total expenses
- $1,585,293
- Net increase / (decrease)
- $1,451,876
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $1,915 | $0 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,400 | $0 |
| Wilshire Associates Inc (Usa) | RIA | $1,018 | not reported in the loaded dataset |
| Wilshire Associates Inc (Usa) | RIA | $831 | not reported in the loaded dataset |