2023 Form 5500 filing — The Prophet Corporation Tax Deferred Savings Plan & Trust
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 20241015130743NAL0028520513001) for The Prophet Corporation Tax Deferred Savings Plan & Trust, reported by The Prophet Corporation under EIN 41-1362423 and plan number 002. It reports 201 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015130743NAL0028520513001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Prophet Corporation
- EIN
- 41-1362423
- Plan number
- 002
- Location
- Owatonna, MN
- Participants
- 201
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,778,297
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,778,297
- Employer contributions
- $296,876
- Participant contributions
- $675,932
- Total income / additions
- $2,549,927
- Benefits paid
- $695,120
- Administrative expenses
- $55,047
- Total expenses
- $750,167
- Net increase / (decrease)
- $1,799,760
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $33,249 | $0 |
| Christensen Group Financial LLC | INVESTMENT ADVISOR | $21,798 | not reported in the loaded dataset |