2023 Form 5500 filing — Cell Phone Company Employee 401(K) Savings 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 20241017132638NAL0016365315001) for Cell Phone Company Employee 401(K) Savings Plan, reported by Prime Communications, L.P. under EIN 76-0603404 and plan number 004. It reports 8,633 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241017132638NAL0016365315001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Prime Communications, L.P.
- EIN
- 76-0603404
- Plan number
- 004
- Location
- Sugar Land, TX
- Participants
- 8,633
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,700,968
- Total liabilities (EOY)
- $1,254,009
- Net assets (EOY)
- $41,446,959
- Employer contributions
- $2,237,840
- Participant contributions
- $5,693,631
- Total income / additions
- $14,883,719
- Benefits paid
- $5,988,886
- Administrative expenses
- $235,690
- Total expenses
- $6,943,472
- Net increase / (decrease)
- $7,940,247
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $176,867 | $0 |
| Regions Bank | INVESTMENT ADVISORY | $58,472 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |