Prides Corner Farms, Inc. Employees Profit Sharing Plan — Form 5500 plan (Prides Corner Farms, 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, Prides Corner Farms, Inc. Employees Profit Sharing Plan is a benefit plan reported by Prides Corner Farms, Inc. under EIN 06-0952438 and plan number 001. The latest loaded filing year is 2023. The filing reports 551 participants and $8,863,960 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Prides Corner Farms, Inc.
- EIN
- 06-0952438
- Plan number
- 001
- Plan type
- 2
- Location
- Lebanon, CT
- Latest filing year
- 2023
- Participants
- 551
- End-of-year plan assets
- $8,863,960
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 551 | H, C | 20240918144254NAL0004726561001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,863,960
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,863,960
- Net assets (BOY)
- $7,446,423
Income & contributions
- Employer contributions
- $112,927
- Participant contributions
- $631,842
- Total contributions
- $744,769
- Total income / additions
- $1,707,168
Expenses & distributions
- Benefits paid
- $156,836
- Administrative expenses
- $85,191
- Total expenses
- $289,631
- Net increase / (decrease)
- $1,417,537
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $25,148 | $0 | 2023 |
| Smith Brothers Financial LLC | INVESTMENT ADVISOR | $21,396 | not reported in the loaded dataset | 2023 |
| Pension Consultants Inc. | CONTRACT ADMIN | $7,315 | $7,697 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $3,891 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Prides Corner Farms, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Lebanon, CT
- Empower Annuity Ins. Co. Of America — Schedule C compensation
- Smith Brothers Financial LLC — Schedule C compensation
- Pension Consultants Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation