Performance Lighting Systems 401(K) Plan — Form 5500 plan (Performance Lighting Systems, In)

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, Performance Lighting Systems 401(K) Plan is a benefit plan reported by Performance Lighting Systems, In under EIN 26-0183374 and plan number 001. The latest loaded filing year is 2023. The filing reports 151 participants and $16,559,923 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.6MPlan net assets, end of year$16,559,923
Participants151Covered participants reported
Assets / participant$109.7KComputed: assets ÷ participants$109,668 (computed)
Provider compensation$91.2K3 Schedule C provider row(s)$91,157
Plan sponsor
Performance Lighting Systems, In
EIN
26-0183374
Plan number
001
Plan type
2
Location
Irvine, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023151H, C20241015063635NAL0015910323001
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)$16.6M total assets
Net assets$16.6MLiabilities$0
Money in vs. money out
Total income / additions$4.2M
Total expenses$1M
Benefits paid / distributions$938.8K
Contributions
Employer$516.9K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$16,559,923
Total liabilities (EOY)
$0
Net assets (EOY)
$16,559,923
Net assets (BOY)
$13,393,024

Income & contributions

Employer contributions
$516,940
Participant contributions
$1,129,722
Total contributions
$1,734,717
Total income / additions
$4,199,494

Expenses & distributions

Benefits paid
$938,810
Administrative expenses
$91,157
Total expenses
$1,032,595
Net increase / (decrease)
$3,166,899
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 31%Participant 69%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wedbush Securities Inc.INVESTMENT/FINANCIAL ADVI$71,249$02023
Adp, Inc.RECORD KEEPER$19,908$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages