2023 Form 5500 filing — Prime Materials Recovery, 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 20250715102845NAL0001944225001) for Prime Materials Recovery, Inc. 401(K) Profit Sharing Plan, reported by Prime Materials Recovery, Inc. under EIN 30-0105463 and plan number 001. It reports 510 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250715102845NAL0001944225001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Prime Materials Recovery, Inc.
- EIN
- 30-0105463
- Plan number
- 001
- Location
- East Hartford, CT
- Participants
- 510
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,625,856
- Total liabilities (EOY)
- $16,648
- Net assets (EOY)
- $20,609,208
- Employer contributions
- $444,037
- Participant contributions
- $1,431,075
- Total income / additions
- $6,495,524
- Benefits paid
- $2,833,284
- Administrative expenses
- $81,776
- Total expenses
- $2,925,598
- Net increase / (decrease)
- $3,569,926
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $73,876 | $0 |
| Lpl Financial | INVESTMENT ADVISOR | $36,695 | not reported in the loaded dataset |
| Pasi, LLC | CONTRACT ADMIN | $12,654 | $10,000 |