Public Preparatory Network, Inc. 403(B) Plan — Form 5500 plan (Public Preparatory Network, 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, Public Preparatory Network, Inc. 403(B) Plan is a benefit plan reported by Public Preparatory Network, Inc. under EIN 26-4646416 and plan number 002. The latest loaded filing year is 2023. The filing reports 481 participants and $12,977,900 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13MPlan net assets, end of year$12,977,900
Participants481Covered participants reported
Assets / participant$27KComputed: assets ÷ participants$26,981 (computed)
Provider compensation$44.6K2 Schedule C provider row(s)$44,576
- Plan sponsor
- Public Preparatory Network, Inc.
- EIN
- 26-4646416
- Plan number
- 002
- Plan type
- 2
- Location
- Bronx, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 481 | H, C | 20250801135119NAL0003810755001 |
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)$13M total assets
Net assets$13MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $12,977,900
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,977,900
- Net assets (BOY)
- $11,686,223
Income & contributions
- Employer contributions
- $349,502
- Participant contributions
- $791,593
- Total contributions
- $1,141,095
- Total income / additions
- $2,964,011
Expenses & distributions
- Benefits paid
- $1,627,758
- Administrative expenses
- $44,576
- Total expenses
- $1,672,334
- Net increase / (decrease)
- $1,291,677
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.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Osaic Wealth, Inc. | NONE | $30,439 | not reported in the loaded dataset | 2023 |
| Cpi Qualified Plan Consultants, Inc | NONE | $14,137 | not reported in the loaded dataset | 2023 |