Ppic Employee Stock Ownership Plan — Form 5500 plan (Patriot Power Investment Corporation)
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, Ppic Employee Stock Ownership Plan is a benefit plan reported by Patriot Power Investment Corporation under EIN 27-1061316 and plan number 003. The latest loaded filing year is 2023. The filing reports 170 participants and $58,691,740 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Patriot Power Investment Corporation
- EIN
- 27-1061316
- Plan number
- 003
- Plan type
- 2
- Location
- Artesia, NM
- Latest filing year
- 2023
- Participants
- 170
- End-of-year plan assets
- $58,691,740
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H | 20240912135105NAL0014238304001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,691,740
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,691,740
- Net assets (BOY)
- $43,656,100
Income & contributions
- Employer contributions
- $2,126,016
- Total contributions
- $2,126,016
- Total income / additions
- $17,161,656
Expenses & distributions
- Benefits paid
- $2,126,016
- Administrative expenses
- $0
- Total expenses
- $2,126,016
- Net increase / (decrease)
- $15,035,640
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.