Prospectus/Berco 401(K) Plan — Form 5500 plan (Prospectus/Berco)

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, Prospectus/Berco 401(K) Plan is a benefit plan reported by Prospectus/Berco under EIN 23-2023612 and plan number 001. The latest loaded filing year is 2023. The filing reports 351 participants and $12,053,895 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.1MPlan net assets, end of year$12,053,895
Participants351Covered participants reported
Assets / participant$34.3KComputed: assets ÷ participants$34,342 (computed)
Provider compensation$61.1K3 Schedule C provider row(s)$61,117
Plan sponsor
Prospectus/Berco
EIN
23-2023612
Plan number
001
Plan type
2
Location
Reading, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023351H, C20250401112536NAL0003979667001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$12.1M total assets
Net assets$12.1MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$790K
Participant$699.6K
Full reported line items

Net assets

Total assets (EOY)
$12,053,895
Total liabilities (EOY)
$0
Net assets (EOY)
$12,053,895
Net assets (BOY)
$10,971,275

Income & contributions

Employer contributions
$789,982
Participant contributions
$699,558
Total contributions
$1,521,375
Total income / additions
$2,705,713

Expenses & distributions

Benefits paid
$1,561,392
Administrative expenses
$61,117
Total expenses
$1,623,093
Net increase / (decrease)
$1,082,620
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 53%Participant 47%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income58%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$39,835$02023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$17,198not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$4,084not reported in the loaded dataset2023

Related Form 5500 pages