Plan5500

Preston Management, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Preston Management, 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, Preston Management, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Preston Management, Inc. under EIN 25-1848938 and plan number 001. The latest loaded filing year is 2023. The filing reports 416 participants and $19,097,275 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Preston Management, Inc.
EIN
25-1848938
Plan number
001
Plan type
3
Location
New Castle, PA
Latest filing year
2023
Participants
416
End-of-year plan assets
$19,097,275

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023416H, C20241008073822NAL0016283233001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,097,275
Total liabilities (EOY)
$88,334
Net assets (EOY)
$19,008,941
Net assets (BOY)
$16,700,957

Income & contributions

Employer contributions
$386,992
Participant contributions
$1,019,328
Total contributions
$1,492,944
Total income / additions
$4,318,146

Expenses & distributions

Benefits paid
$1,912,775
Administrative expenses
$97,387
Total expenses
$2,010,162
Net increase / (decrease)
$2,307,984

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cornerstone Advisors Asset MgtREGISTERED INV ADVISOR$52,511not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$3,943not reported in the loaded dataset2023

Related Form 5500 pages