2023 Form 5500 filing — Promex Industries, 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 20241011163311NAL0022340977001) for Promex Industries, Inc. 401(K) Plan, reported by Promex Industries, Inc. under EIN 77-0409193 and plan number 001. It reports 133 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011163311NAL0022340977001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Promex Industries, Inc.
- EIN
- 77-0409193
- Plan number
- 001
- Location
- Santa Clara, CA
- Participants
- 133
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,611,437
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,611,437
- Employer contributions
- $3,858
- Participant contributions
- $684,370
- Total income / additions
- $1,530,305
- Benefits paid
- $1,489,924
- Administrative expenses
- $40,455
- Total expenses
- $1,538,512
- Net increase / (decrease)
- -$8,207
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Republicinvestment Management | SHAREHOLDER SERVICE PROV | $21,672 | not reported in the loaded dataset |
| The Vanguard Group | CONTRACT ADMINISTRATOR | $16,177 | not reported in the loaded dataset |
| Insperity Retirement Services | RECORDKEEPER | $2,606 | not reported in the loaded dataset |
| Wilshire Associates | INVESTMENT ADVISOR | $3 | not reported in the loaded dataset |