Plan5500

People, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (People, 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, People, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by People, Inc. under EIN 16-0975538 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,755 participants and $52,259,308 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
People, Inc.
EIN
16-0975538
Plan number
001
Plan type
2
Location
Williamsville, NY
Latest filing year
2023
Participants
3,755
End-of-year plan assets
$52,259,308

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,755H, C20241003122150NAL0004857427001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,259,308
Net assets (EOY)
$52,259,308
Net assets (BOY)
$44,562,112

Income & contributions

Employer contributions
$915,847
Participant contributions
$3,488,360
Total contributions
$4,625,611
Total income / additions
$12,122,882

Expenses & distributions

Benefits paid
$4,301,162
Administrative expenses
$75,993
Total expenses
$4,425,686
Net increase / (decrease)
$7,697,196

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$55,703$02023
Global Retirement PartnersADVISOR$20,290not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages