2023 Form 5500 filing — Premier Needle Arts, 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 20241015021201NAL0015763091002) for Premier Needle Arts, Inc. 401(K) Plan, reported by Premier Needle Arts, Inc. under EIN 36-4711639 and plan number 001. It reports 231 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015021201NAL0015763091002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Premier Needle Arts, Inc.
- EIN
- 36-4711639
- Plan number
- 001
- Location
- North Salt Lake, UT
- Participants
- 231
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,313,225
- Total liabilities (EOY)
- $35,461
- Net assets (EOY)
- $5,277,764
- Employer contributions
- $212,310
- Participant contributions
- $377,681
- Total income / additions
- $1,370,921
- Benefits paid
- $297,362
- Administrative expenses
- $60,374
- Total expenses
- $357,736
- Net increase / (decrease)
- $1,013,185
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James Fsa Inc | REGISTERED INVESTMENT ADV | $11,733 | $0 |
| John Hancock Life Insurance Co Usa | RECORDKEEPER | $5,790 | $0 |