Palmer Truck Group 401(K) Plan — Form 5500 plan (Palmer Trucks, 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, Palmer Truck Group 401(K) Plan is a benefit plan reported by Palmer Trucks, Inc. under EIN 35-1112033 and plan number 001. The latest loaded filing year is 2023. The filing reports 715 participants and $34,019,867 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Palmer Trucks, Inc.
- EIN
- 35-1112033
- Plan number
- 001
- Plan type
- 2
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 715
- End-of-year plan assets
- $34,019,867
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 715 | H, C | 20241002133859NAL0014410528001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,019,867
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,019,867
- Net assets (BOY)
- $26,777,975
Income & contributions
- Employer contributions
- $1,101,406
- Participant contributions
- $3,183,806
- Total contributions
- $4,837,707
- Total income / additions
- $9,672,428
Expenses & distributions
- Benefits paid
- $2,270,581
- Administrative expenses
- $128,732
- Total expenses
- $2,430,536
- Net increase / (decrease)
- $7,241,892
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $72,623 | $0 | 2023 |
| Procourse Fiduciary Advisors LLC | ADVISOR | $38,736 | not reported in the loaded dataset | 2023 |
| Somerset Cpas | ACCOUNTANT/AUDITOR | $10,750 | not reported in the loaded dataset | 2023 |
| Bemanaged | CONSULTANT | $6,622 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Palmer Trucks, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Indianapolis, IN
- Fidelity Investments Institutional — Schedule C compensation
- Procourse Fiduciary Advisors LLC — Schedule C compensation
- Somerset Cpas — Schedule C compensation
- Bemanaged — Schedule C compensation