Palnet 401(K) Plan — Form 5500 plan (Premier Asset Logistics Network LLC)
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, Palnet 401(K) Plan is a benefit plan reported by Premier Asset Logistics Network LLC under EIN 20-1470266 and plan number 001. The latest loaded filing year is 2023. The filing reports 165 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Premier Asset Logistics Network LLC
- EIN
- 20-1470266
- Plan number
- 001
- Plan type
- 2
- Location
- Williamstown, NJ
- Latest filing year
- 2023
- Participants
- 165
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 165 | H, C | 20240715114547NAL0001202001001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $2,341,436
Income & contributions
- Employer contributions
- $28,140
- Participant contributions
- $39,700
- Total contributions
- $67,840
- Total income / additions
- $256,938
Expenses & distributions
- Benefits paid
- $198,234
- Administrative expenses
- $15,546
- Total expenses
- $213,780
- Net increase / (decrease)
- $43,158
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $8,678 | $3,036 | 2023 |
| Meeder Investment Management | INVEST MGMT | $6,867 | not reported in the loaded dataset | 2023 |
| Silver Oak Securities | INVEST MGMT | $0 | $4,000 | 2023 |