Pinnacle Solutions 401(K) And Profit Sharing Plan — Form 5500 plan (Pinnacle Solutions, 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, Pinnacle Solutions 401(K) And Profit Sharing Plan is a benefit plan reported by Pinnacle Solutions, Inc. under EIN 26-1886656 and plan number 001. The latest loaded filing year is 2023. The filing reports 439 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants439Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$97.5K2 Schedule C provider row(s)$97,528
Plan sponsor
Pinnacle Solutions, Inc.
EIN
26-1886656
Plan number
001
Plan type
2
Location
Huntsville, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023439H, C20241010124448NAL0009992787001
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.

Money in vs. money out
Total income / additions$9M
Total expenses$10.1M
Benefits paid / distributions$10M
Contributions
Employer$1.4M
Participant$2.6M
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$25,848,611

Income & contributions

Employer contributions
$1,408,030
Participant contributions
$2,585,551
Total contributions
$4,199,028
Total income / additions
$8,959,338

Expenses & distributions

Benefits paid
$9,987,945
Administrative expenses
$57,500
Total expenses
$10,053,312
Net increase / (decrease)
-$1,093,974
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 35%Participant 65%
Benefits paid ÷ total income111%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$57,500$02023
Morgan Stanley Smith BarneyADVISOR$0$40,0282023

Related Form 5500 pages