2023 Form 5500 filing — Prestige Farms Inc. 401(K) Profit Sharing Plan And 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 20250416092916NAL0002151491001) for Prestige Farms Inc. 401(K) Profit Sharing Plan And Trust, reported by Prestige Farms, Inc. under EIN 56-0893777 and plan number 001. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250416092916NAL0002151491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prestige Farms, Inc.
- EIN
- 56-0893777
- Plan number
- 001
- Location
- Charlotte, NC
- Participants
- 186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,815,464
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,815,464
- Participant contributions
- $95,158
- Total income / additions
- $529,420
- Benefits paid
- $132,941
- Administrative expenses
- $10,813
- Total expenses
- $150,705
- Net increase / (decrease)
- $378,715
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Maxus Plan Solutions | TPA | $4,348 | $1,221 |
| Mccannon Rogers Driscoll & Assoc | AUDITOR | $5,500 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $964 | $0 |