Plan5500

Prompton Tool Inc. Employee Benefit Plan — Form 5500 plan (Prompton Tool 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, Prompton Tool Inc. Employee Benefit Plan is a benefit plan reported by Prompton Tool Inc. under EIN 23-1694425 and plan number 501. The latest loaded filing year is 2023. The filing reports 30 participants and $210,081 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prompton Tool Inc.
EIN
23-1694425
Plan number
501
Plan type
2
Location
Honesdale, PA
Latest filing year
2023
Participants
30
End-of-year plan assets
$210,081

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202330I, C20240613131048NAL0030540193001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$210,081
Total liabilities (EOY)
$33,901
Net assets (EOY)
$176,180
Net assets (BOY)
$8,015

Income & contributions

Employer contributions
$461,536
Participant contributions
$125,465
Total income / additions
$590,267

Expenses & distributions

Benefits paid
$237,575
Administrative expenses
$0
Total expenses
$422,102
Net increase / (decrease)
$168,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cummings Insurance AgencyBROKER$12,914not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$11,267not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$2,390not reported in the loaded dataset2023

Related Form 5500 pages