Preservation Management, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Preservation Management, Inc.)
Plain-English plan 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, Preservation Management, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Preservation Management, Inc. under EIN 01-0460929 and plan number 001. The latest loaded filing year is 2023. The filing reports 372 participants and $7,037,433 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preservation Management, Inc.
- EIN
- 01-0460929
- Plan number
- 001
- Plan type
- 2
- Location
- South Portland, ME
- Latest filing year
- 2023
- Participants
- 372
- End-of-year plan assets
- $7,037,433
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 372 | H, C | 20240517085519NAL0062155264001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,037,433
- Net assets (EOY)
- $7,037,433
- Net assets (BOY)
- $5,885,694
Income & contributions
- Employer contributions
- $176,073
- Participant contributions
- $629,595
- Total contributions
- $1,371,424
- Total income / additions
- $2,464,561
Expenses & distributions
- Benefits paid
- $1,235,000
- Administrative expenses
- $61,611
- Total expenses
- $1,312,822
- Net increase / (decrease)
- $1,151,739
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $33,081 | not reported in the loaded dataset | 2023 |
| Valmark Advisers Inc | INVESTMENT AD VISER | $17,556 | not reported in the loaded dataset | 2023 |
| Caron And Bletzer Pllc | AUDITOR | $7,210 | not reported in the loaded dataset | 2023 |
| Downeast Pension Services Inc | TPA | $2,250 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Preservation Management, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in South Portland, ME
- Empower Annuity Insurance Company — Schedule C compensation
- Valmark Advisers Inc — Schedule C compensation
- Caron And Bletzer Pllc — Schedule C compensation
- Downeast Pension Services Inc — Schedule C compensation