Peter Paul Electronics Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Peter Paul Electronics Co., 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, Peter Paul Electronics Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Peter Paul Electronics Co., Inc. under EIN 06-0811946 and plan number 001. The latest loaded filing year is 2023. The filing reports 148 participants and $6,671,719 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Peter Paul Electronics Co., Inc.
EIN
06-0811946
Plan number
001
Plan type
2
Location
New Britain, CT
Latest filing year
2023
Participants
148
End-of-year plan assets
$6,671,719

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023148H, C20240916070311NAL0001776752001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,671,719
Total liabilities (EOY)
$9,054
Net assets (EOY)
$6,662,665
Net assets (BOY)
$6,555,618

Income & contributions

Employer contributions
$68,500
Participant contributions
$386,423
Total contributions
$454,923
Total income / additions
$1,278,402

Expenses & distributions

Benefits paid
$1,118,229
Administrative expenses
$44,132
Total expenses
$1,171,355
Net increase / (decrease)
$107,047

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
EmpowerRECORDKEEPER$21,199$02023
Smith BrothersINVESTMENT ADVISOR$15,909not reported in the loaded dataset2023
Pension Consultants IncCONTRACT ADMIN$5,000$6,3642023
Advised Assets GroupINVESTMENT MGMT$2,024not reported in the loaded dataset2023

Related Form 5500 pages