Professional Alternative 401(K) Plan — Form 5500 plan (Professional Alternative 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, Professional Alternative 401(K) Plan is a benefit plan reported by Professional Alternative Inc. under EIN 04-3238604 and plan number 001. The latest loaded filing year is 2023. The filing reports 99 participants and $7,125,038 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Professional Alternative Inc.
- EIN
- 04-3238604
- Plan number
- 001
- Plan type
- 2
- Location
- Rockland, MA
- Latest filing year
- 2023
- Participants
- 99
- End-of-year plan assets
- $7,125,038
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 99 | I | 20241007132037NAL0031821922001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $7,125,038
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,125,038
- Net assets (BOY)
- $5,845,211
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $410,794
- Total income / additions
- $1,508,607
Expenses & distributions
- Benefits paid
- $186,246
- Administrative expenses
- $21,068
- Total expenses
- $228,780
- Net increase / (decrease)
- $1,279,827
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.