Positive Promotions 401(K) Savings Plan — Form 5500 plan (Positive Promotions, 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, Positive Promotions 401(K) Savings Plan is a benefit plan reported by Positive Promotions, Inc. under EIN 13-1968593 and plan number 003. The latest loaded filing year is 2023. The filing reports 572 participants and $14,978,588 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Positive Promotions, Inc.
EIN
13-1968593
Plan number
003
Plan type
2
Location
Hauppauge, NY
Latest filing year
2023
Participants
572
End-of-year plan assets
$14,978,588

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023572H, C20241011133431NAL0037064240001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,978,588
Total liabilities (EOY)
$148,957
Net assets (EOY)
$14,829,631
Net assets (BOY)
$12,300,003

Income & contributions

Employer contributions
$160,256
Participant contributions
$604,452
Total contributions
$935,233
Total income / additions
$3,011,571

Expenses & distributions

Benefits paid
$407,096
Administrative expenses
$74,847
Total expenses
$481,943
Net increase / (decrease)
$2,529,628

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cfm Advisors IncADVISOR$31,609not reported in the loaded dataset2023
Cep Consultants, IncRECORDKEEPER$0$28,2382023

Related Form 5500 pages