2023 Form 5500 filing — Premier Magnesia LLC Savings And 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 20241014155945NAL0026652241001) for Premier Magnesia LLC Savings And Profit Sharing Plan, reported by Premier Magnesia LLC under EIN 52-2295483 and plan number 001. It reports 554 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)$29.8MReported net assets$29,781,760
Participants554
Provider compensation$25.9K2 Schedule C row(s)$25,937
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014155945NAL0026652241001
- Plan sponsor
- Premier Magnesia LLC
- EIN
- 52-2295483
- Plan number
- 001
- Location
- Waynesville, NC
- Received date
- not reported in the loaded dataset
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)$29.8M total assets
Net assets$29.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $29,781,760
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,781,760
- Employer contributions
- $867,754
- Participant contributions
- $1,801,405
- Total income / additions
- $8,019,788
- Benefits paid
- $1,688,997
- Administrative expenses
- $25,937
- Total expenses
- $1,784,704
- Net increase / (decrease)
- $6,235,084
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Clearing Services LLC | ADVISOR | $24,987 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $950 | $0 |