2023 Form 5500 filing — Port City Logistics, Inc. 401(K) 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 20241107141722NAL0006543779001) for Port City Logistics, Inc. 401(K) Profit Sharing Plan, reported by Port City Logistics, Inc. under EIN 83-0420209 and plan number 001. It reports 243 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)$3.7MReported net assets$3,695,055
Participants243
Provider compensation$21.1K2 Schedule C row(s)$21,127
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241107141722NAL0006543779001
Plan sponsor
Port City Logistics, Inc.
EIN
83-0420209
Plan number
001
Location
Port Wentworth, GA
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)$3.7M total assets
Net assets$3.7MLiabilities$602
Money in vs. money out
Total income / additions$1.7M
Total expenses$592.2K
Benefits paid / distributions$571.1K
Contributions
Employer$393.9K
Participant$677.5K
Full reported line items
Total assets (EOY)
$3,695,657
Total liabilities (EOY)
$602
Net assets (EOY)
$3,695,055
Employer contributions
$393,943
Participant contributions
$677,536
Total income / additions
$1,701,774
Benefits paid
$571,114
Administrative expenses
$21,127
Total expenses
$592,241
Net increase / (decrease)
$1,109,533

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$20,863$0
Empower Advisory Group, LLCINVESTMENT MGMT$264not reported in the loaded dataset

Related Form 5500 pages