Procon LLC 401(K) Profit Sharing Plan — Form 5500 plan (Procon LLC)

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, Procon LLC 401(K) Profit Sharing Plan is a benefit plan reported by Procon LLC under EIN 02-0308505 and plan number 002. The latest loaded filing year is 2023. The filing reports 197 participants and $26,483,241 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Procon LLC
EIN
02-0308505
Plan number
002
Plan type
3
Location
Manchester, NH
Latest filing year
2023
Participants
197
End-of-year plan assets
$26,483,241

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023197H, C20241004140443NAL0012304081001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,483,241
Total liabilities (EOY)
$0
Net assets (EOY)
$26,483,241
Net assets (BOY)
$23,796,882

Income & contributions

Employer contributions
$187,658
Participant contributions
$1,695,097
Total contributions
$1,882,755
Total income / additions
$5,932,283

Expenses & distributions

Benefits paid
$3,180,976
Administrative expenses
$64,948
Total expenses
$3,245,924
Net increase / (decrease)
$2,686,359

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCINVESTMENT ADVISOR$40,000not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$19,071$02023
The Angell Pension Group, IncCONTRACT ADMIN$1,900$10,0002023
Empower Advisory Group LLCINVESTMENT MGMT$3,977not reported in the loaded dataset2023

Related Form 5500 pages