2023 Form 5500 filing — Promesa Management 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 20241015082416NAL0014242499001) for Promesa Management Plan, reported by Promesa, Inc. under EIN 13-2663328 and plan number 003. It reports 685 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)$20.7MReported net assets$20,681,633
Participants685
Provider compensation$30.9K3 Schedule C row(s)$30,879
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015082416NAL0014242499001
- Plan sponsor
- Promesa, Inc.
- EIN
- 13-2663328
- Plan number
- 003
- Location
- Bronx, NY
- 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)$20.7M total assets
Net assets$20.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $20,681,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,681,633
- Employer contributions
- $984,136
- Participant contributions
- $1,442,914
- Total income / additions
- $5,507,558
- Benefits paid
- $1,809,470
- Administrative expenses
- $30,879
- Total expenses
- $1,872,808
- Net increase / (decrease)
- $3,634,750
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $30,879 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |
| Lpl Financial | ADVISOR | $0 | $0 |